Pay Transparency Policy/Procedures

Pay Transparency Policy/Procedures

$150.00

Download a Pay Transparency Policy to add to your employee handbook, and the processes and practices you need to ensure a compliance!  Also includes our Compensation template that we use to set pay ranges, just click add to cart to purchase and download immediately!  Need more help? Check out our Quick and Easy one-time HR Support Package.

Certain States, including Maryland, have increased pay transparency laws designed to prevent pay inequality. Employers are required to offer wage ranges for jobs without asking for the current salary of the candidate, however, Maryland recently increased this requirement, employers are now required to post salary/wage ranges including general benefit information, which may include bonus options, on all published job postings. This creates exposure for your business, and creates an awareness of existing employees and future employees of what the range is, that may not previously have been disclosed.  Power3 is providing help with our downloadable Pay Transparency Policies that can be added to your handbook, and internal practices and procedures that  help to best align your company goals and processes to this new requirement.

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Download a Pay Transparency Policy to add to your employee handbook, and the processes and practices you need to ensure a compliance!!

Certain States, including Maryland, have increased pay transparency laws designed to prevent pay inequality. Employers are required to offer wage ranges for jobs without asking for the current salary of the candidate, however, Maryland recently increased this requirement, employers are now required to post salary/wage ranges including general benefit information, which may include bonus options, on all published job postings. This creates exposure for your business, and creates an awareness of existing employees and future employees of what the range is, that may not previously have been disclosed. Companies that embrace these changes and approach it proactively will be more successful. This is a great chance to audit for equal pay, create attractive compensation plans that highlight your values, and show that you are confident and comfortable with your competitiveness as an organization.  Power3 is providing help with our downloadable Pay Transparency Policies that can be added to your handbook, and internal practices and procedures that  help to best align your company goals and processes to this new requirement.

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