Salary Transparency (Definition & Role in Remote Work)
Salary transparency is the practice of openly sharing pay ranges or actual compensation data within a company or in job postings.
What Is Salary Transparency?
Salary transparency can range from publishing pay ranges for roles to fully disclosing actual compensation across the company.
Why It Matters for Remote Teams
- Reduces pay inequity across locations
- Builds trust in global compensation decisions
- Helps candidates evaluate offers more fairly
- Aligns with modern expectations for openness
Challenges
- Aligning transparency with local norms and laws
- Educating managers on how to discuss pay
- Handling internal reactions when ranges are revealed
Related Terms
Related Guides
- Salary Transparency
Salary transparency means organizations openly share compensation ranges for roles.
- Remote Compensation
Remote compensation refers to how companies structure salaries for globally distributed teams.
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