January 28, 2025
Why Pay Transparency is Key to Employee Retention in 2025
As the new year kicks off, companies must still navigate through a competitive labor market. Yet, retaining and attracting top talent is more challenging than ever. One powerful strategy that addresses these challenges is pay transparency, the practice of openly sharing compensation data, pay ranges, and the logic behind salary decisions. According to a 2024 Mercer study, pay and benefits