Why Pay Transparency Regulations Are a Strategic Management Opportunity

Name: Why Pay Transparency Regulations Are a Strategic Management Opportunity (English version)
SKU: SMR65222

Tamara Montag-Smit; Karoline Evans; Brandon Smit; Cassondra Batz-Barbarich

Product #:SMR65222

Supplier:MIT Sloan Management Review

Discipline:General Management

Details:Article (PDF) • 9 pages • 2023-11-01

Subjects:

Strategy Talent management Human resource management Leadership and managing people Management

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Pay transparency regulations are designed to close the wage gap. Research shows that despite broad assumptions to the contrary, women do negotiate on salary. It also shows that when pay information is paired with performance data, it leads to clearer comparisons and fairer negotiations and can motivate people to perform better. Robust appraisal systems can make pay transparency an opportunity to improve performance rather than a compliance burden.