Growing Transparency and Engagement with Manager Communication
With the consumerism of rewards and the increase of employee requests for visibility into their rewards, the need for compensation transparency is at an all-time high. If your employees aren’t asking you directly for this transparency, they likely are seeking it in alternative methods (e.g., water cooler, disengagement, unexpected turnover). The catalyst to transparency in the compensation equation is communication from employees’ management team. However, most organizations admit to an overall lack of training and guidance for managers about how to best communicate and articulate the philosophy behind compensation decisions.
During this conversation, Josh Hill and Lauren Bidwell will provide practical recommendations and advice that you can share with your managers to help with this need for transparency (without divulging everything that makes compensation work).
You will:
- Gain an understanding of the meaning of “transparency” and the gradient of options based on organizational culture
- Learn what best-practice organizations are doing to influence employee understanding of rewards
- Gain practical insight on how to teach managers about communicating pay decisions in a sensitive and appropriate way
- Hear real-life examples on how to best share with employees the rationale for pay decisions.