Wage transparency

Definition

The practice of openly sharing salary ranges, pay equity data, and compensation structures with employees and job candidates. The trend that makes HR departments simultaneously proud and terrified.

Example Usage

Our wage transparency initiative includes publishing salary bands for all roles and regular pay equity audits.

Origin

Accelerated by salary disclosure laws starting with California in 2018 and gaining momentum post-2020

Fun Fact

When salary ranges are disclosed, women are 8-10% more likely to apply for positions and negotiate higher offers.

Source: Modern HR compensation and equity practice

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