Posts Tagged ‘Salary Transparency’

Demand Is High For Companies To Reveal Compensation Data; Men Especially Eager To Increase Pay Transparency

Posted by • May 7th, 2010 • 10 Comments

Do you still feel in the dark when it comes to knowing what the ‘new normal’ is in terms of salary? As we reported earlier this year, 17 percent say they are not comfortable discussing their current compensation with anyone – but they may be paying a high price for their silence. For example, based on recent salary analysis from the Glassdoor analytics team, we found that salaries shifted down approximately 6 percent in the past nine months. So what can be done to help improve discussions around compensation and manage salary expectations? A lot, it seems.

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Lilly Ledbetter Fair Pay Act Marks One Year Anniversary; Has Salary Transparency Improved?

Posted by • January 29th, 2010 • 209 Comments

One year ago today, President Barack Obama signed the Lilly Ledbetter Fair Pay Act into law – the first piece of legislation he signed since taking office. However, in just one year, salary and the idea of “fair pay” has changed dramatically for most Americans.

Do you feel there is a greater need to know what the “new normal” is for salary? Do you share your salary?

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Clearview Counterpoint: What Are The Consequences Of Being Uninformed About Your Salary & Compensation In 2010?

Posted by • January 29th, 2010 • 29 Comments

For this Clearview Collection point-counterpoint debate we approach the topic of salary transparency and compensation concerns for 2010. Many companies have reset salary and bonus baselines (and maybe pay bands) in the past year and even though predictions of recovery rise, many companies are not planning to increase salary budgets.

Read on to see what the Glassdoor Clearview Collection, a panel of career and workplace experts, have to say about the consequences of not being informed about your fair market salary and compensation in 2010…

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Would More Salary Transparency Have Helped Lilly Ledbetter?

Posted by • February 1st, 2009 • 5 Comments
Lilly Ledbetter/AP

Last week, the first piece of legislation President Obama signed into law was the Ledbetter Fair Pay Act.  Ms. Ledbetter had filed suit against Goodyear, alleging her Goodyear Salary was less than her male counterparts, many of whom she had trained during her nearly 20-year tenure and had far less seniority.

Lilly Ledbetter/AP

Ms. Ledbetter had won a pay discrimination suit but that was later thrown out by the Supreme Court in a 5-4 decision, citing she should have filed suit 180 days after she was first paid less than her male counterparts.  The new law expands workers’ rights to sue in this kind of case, and relaxed the statute of limitations, restarting the six-month clock every time the worker receives a paycheck. Some say the Ledbetter Fair Pay Act isn’t enough.  Some say it could make suits worse.

We think this is an important move to address unjustified pay inequality, but we’re still left with the burning question, How do people really know if they are fairly paid or underpaid for the work they do?

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