Wage Transparency

Wage transparency refers to the practice of openly sharing information about employee salaries within an organization or across an industry. This can take the form of publicly available salary ranges for job positions or internal policies that disclose pay scales among employees. The goal of wage transparency is to promote fairness, reduce pay disparities, particularly those based on gender or race, and empower employees to negotiate their salaries. By making pay information accessible, it encourages accountability and helps create a more equitable workplace.