Even though pay transparency is becoming a requirement for organizations around the world, only 19% of U.S. companies actually have a pay transparency strategy in place, according to Mercer’s latest Global Pay Transparency Report. Open in a new tab

The report surveyed 1,144 organizations worldwide, including more than 300 in the U.S. Globally, 77% cited compliance as a key driver for having a pay transparency strategy, while 53% and 51%, respectively, stated it aligned with corporate values and increasing employee satisfaction. READ MORE