68% of employees believe their pay is unfair per a Gartner survey.
Employees who perceive their pay as inequitable have a 15% lower intent to stay with their employer. They are also 13% less engaged at work than employees who perceive their pay as equitable.
So, the perception of unfair pay impacts retention and engagement.
Are you communicating with your employees about how you make pay decisions? What factors are used in this decision-making process?
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