A recent WTW survey found that the majority of North American employers have pay transparency policies in place due to increased regulatory requirements. Organizations are increasing their communication about pay programs due to legal requirements (73%), to align with their company values and culture (47%), and to match worker preferences and expectations (46%). In general, larger companies are adapting pay transparency practices quicker than smaller ones.
“Employers are seeing an increase in regulatory requirements around the globe, which has forced many to act fast and comply with a consistent minimum standard, regardless of location.”
–Mariann Madden, North America Pay Equity co-leader, WTW
