In March 2023, the European Parliament approved the Pay Transparency Directive. This legislation will force organisations to swiftly and fundamentally change how they approach pay. The Pay Transparency Solution by Payscale can help you drive a fair and equitable pay strategy.
Pay Transparency from Payscale is a comprehensive solution combining salary data, compensation management software, and professional services that empowers organizations to develop fair and equitable compensation to increase confidence in salary ranges posted on job descriptions, openly communicate pay, and build trust in consistent pay practices.
We help you create or retool your compensation philosophy and pay strategy to embed fair pay as part of your talent strategy through professional services.
We help you build a foundation with a competitive market data strategy leveraging third party survey data combined with Peer to give you a comprehensive view of the market.
We help you develop standardized salary structures that ensure fair pay, resulting in pay ranges you can confidently post on job descriptions.
We help you facilitate training with your managers on your pay philosophy and pay structures to empower managers to have effective pay conversations and improve employee relationships.
Communicate pay to your employees through tools and resources to improve pay perception and build an engaged workforce of employees who understand their pay.
Payscale’s Pay Equity software and team of trusted advisors equips you to confidently identify pay gaps and create realistic plans to remediate and prevent inequity in a streamlined, cost-effective, and secure way.
Develop standardized and scalable pay structures in Payfactors
Identify and address pay gaps with Pay Equity Analysis technology and trusted Pay Equity consultants
Communicate pay to your employees through Total Rewards Statements
Roadmap designed to help meet pay transparency goals
Untap the power of Payscale’s Pay Transparency & Equity Solution
Request a demoSeamless access to third party published survey data. Payscale can load your existing surveys or help your purchase new surveys, overall streamlining the survey participation and survey management experience.
Highly transparent, customizable and up to date HR reported market data to help organizations drive a competitive pay strategy against the market as you define it.
Payfactors compensation software delivers everything an organisation needs to establish and maintain proactive and equitable pay practices, empowering you to pay fairly and transparently.
For global compensation teams at enterprise organisations, MarketPay is an advanced compensation platform that delivers automated survey management and participation and versatile compensation technology that helps strategise for the future and execute across markets.
Conduct a pay equity analysis to understand the state of pay at your organisation, identify pay gaps with controlled and uncontrolled analysis, and create realistic plans to remediate and prevent inequity with Pay Equity Analysis technology and trusted Pay Equity consultants
Drive meaningful pay conversations with employees. Flexible statements to help employees understand their total compensation package and improve perception of fair pay
Understand the full impact pay transparency has on retention, with Payscale's 2023 Retention Report.
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Payscale supports you in completing the following services to drive pay transparency:
- Comp Strategy & Market Analysis
- Job Pricing
- Structure Modeling & Creation
- Comp Policies Guide & Support (Includes Pay Philosophy)
- Manager Best Practice Training
The conversation around pay transparency has been largely driven by the recent pay transparency directive recently announced in the EU. While this legislation will be driven by individual countries, it’s effects will be far-reaching with many of the laws potentially requiring employers to post ranges even if they have just a few employees in that country. The team at Payscale has made it our mission to track this legislation and help our customers adapt to it.
