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“Pay transparency is as important as raising awareness around the pay gap, but it goes beyond your salary,” said Tanya Jansen, co-founder of beqom, a total rewards management software company.

said Nancy Romanyshyn, senior director of total rewards strategy and solutions at Syndio.

Workspan Daily Plus article;EU Pay Transparency Rule Promises Big Impact on Reward Policies , Workspan Magazine article;Organizations Slow to Enact Pay Transparency , Journal of Total Rewards article;2024-2025 Salary Budget Survey , research; As pay transparency continues to shine a light into the dusty, sometimes-outmoded corners of compensation practices, many organizations are preparing to widely share salary ranges or pay bands with employees and candidates for the first time.

For WorldatWork Members ;Career Curation: How Total Rewards Can Drive Skills Portfolio Building , Workspan Daily Plus+ article; ;Skills-Based Mentoring: An Efficient Way to Build Skills , Workspan Daily Plus+ article; ;Measuring Up Mentorship Programs , Workspan Magazine article; ;Career Well-Being: Investing in Employees Key to Doing Business Today , Journal of Total Rewards article; From healthcare providers to technology companies and most every employer demographic in between, industry sectors are struggling to find employees who possess the requisite skills and training.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Compensation; ;Employee Recognition; ;Finance and Budgeting; ;Organizational Performance; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

“The easier you make it, the more likely employees are to see LSAs as a meaningful part of their financial safety net, rather than a benefit they hear about once and then forget,” she said. ; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Benefits; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Strategic Alignment of Sales Compensation Understand the human resources strategy and total rewards strategy.

Countdown to Compliance: Preparing Compensation and Benefits for the EU Pay Transparency Directive On Demand until May 11, 2026 Facebook Twitter LinkedIn The EU Pay Transparency Directive is reshaping the future of Total Rewards.

Businesses have continued to provide offerings based on historical practice, rather than viewing this as an opportunity to lead what talent looks like for their organization, and ensuring that their employee value proposition includes a holistic total rewards philosophy that's available to all.

To retain top performers and engage employees, HR and total rewards leaders can learn from past decisions to help design and deliver innovative compensation strategies today and in the future.