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Pay equity has become a hot topic recently with pay transparency viewed as an important way to narrow gender and racial pay gaps.
Exposing Pay offers evidence-based insights into how pay policies and practices impact outcomes at individual, organizational, and societal levels. Without taking a position one way or another, this volume presents the good and the bad of pay transparency. Most importantly, it presents a reader friendly summary of the evidence demonstrating when and for what outcomes pay transparency may be beneficial, or alternatively, detrimental, thus providing policy makers, managers, and HR specialists with the basis for making evidence-informed decision.
List of contents
- Preface: Were It Only So Simple
- Chapter 1: The Historical and Legal Context of Pay Communication
- Chapter 2: Pay Communication: Core Concepts and Theoretical Underpinnings
- Chapter 3: Pay Transparency and Employee Perceptions, Attitudes, and Behavior
- Chapter 4: The Impact of Pay Transparency on the Firm
- Chapter 5: Societal-level Implications of Pay Transparency
- Chapter 6: Employee Pay Disclosure
- Chapter 7: Tales from the Trenches: Three Companies, Three Approaches to Pay Transparency
- Chapter 8: Policy Implications and Research Challenges
About the author
Peter A. Bamberger is the Domberger Professor of Management at Tel Aviv University's Coller School of Management, and Research Director of the Cornell ILR School's Smithers Institute. His research examines pay communication and compensation strategy, pro-social behavior, occupational health psychology, and the cognitive implications of discrete workplace events. Author of several books including Human Resource Strategy (Sage, 2000; Routledge, 2014) and Mutual Aid and Union Renewal (Cornell, 2001), Bamberger has published over 100 referred journal articles. He currently serves as the Vice-President Elect of the Academy of Management.
Summary
Should employees be allowed to discuss their pay with other employees? Should managers explain the logic underlying pay structures and decisions to employees? Should companies disclose more information on pay for particular positions or even an individuals' actual pay? Pay equity has become a hot topic in recent years with pay transparency viewed as an important way to narrow gender and racial pay gaps. However, pay transparency policies and practices remain highly controversial, with divergent attitudes based largely on conjecture or anecdote.
In Exposing Pay, Peter Bamberger provides evidence-based insights into how pay communication policies and practices impact outcomes at individual, organizational, and societal levels. Bamberger reviews findings from the recent surge in pay transparency research to help employees, managers, and policymakers better understand when pay communication policies and practices might enhance organizational performance and address social inequality and when such practices can lead to harmful consequences. Starting with a short overview of how companies have addressed the question of pay transparency over the past century and a brief summary of contemporary transparency regulations in dozens of countries around the world, Exposing Pay presents findings on the various forms of pay transparency on such outcomes as individual task performance, employee retention and turnover, citizenship behaviors such as helping, counter-productive work behavior, and pay dispersion or spread.
An honest assessment of the good and the bad of pay transparency, Exposing Pay gives policymakers, managers, and HR specialists the perspective and information they need to make fair, sensible, and informed decisions.
Additional text
Bamberger's book provides an excellent summary of pay transparency theories and evidence, which are scattered across multiple disciplines (e.g., economics, sociology, management), with valuable, evidence-based suggestions for future researchers, managers, and policymakers...Exposing Pay is essential reading for anyone looking for evidence-based guidance on the topic.