Definition: Pay Transparency is the increasing pressure and legal requirement to disclose pay scales in job openings for all positions, internal and external, in person and remote, with "pay scale" defined as the salary or hourly wage that the employer reasonably expects to pay for a position. |
More on compensation and benefits: Broadbanding, Competency-based Pay, Efficiency Wage, Employee Benefits, Equity-based Compensation, more on compensation and benefits... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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