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Business Daily: Should we be more open about salaries?

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Should we be more open about salaries?

12/09/2022 GMT

BBC World Service - Business Daily, Should we be more open about salaries?

More companies are using salary transparency to entice applicants and narrow pay gaps.

Companies around the world are adopting salary transparency policies to entice job applicants and narrow pay gaps.

Salaries are often kept secret in most workplaces - but times are changing.

The BBC’s Deborah Weitzmann discusses implications for pay transparency policies and the gender wage gap.

Deborah visits Flash Pack, a travel firm in London where staff members are open about their salaries. She travels to New York City where employers are preparing for a new law requiring them to post clear salary bands in job listings later this year - following the US state of Colorado. She speaks to Scott Goldshine, general manager of Manhattan-based deli Zabars.

Deborah also hears from salary expert David Turetsky about why some people find conversations around pay difficult, and Dr Grace Lordan from the London School of Economics explains how openness about pay might benefit women and address the gender pay gap.

Presented and produced by Deborah Weitzmann.

(Image: An office meeting. Credit: Getty)

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