Pay Transparency Will Do to Compensation What Zillow Did to Real Estate
The idea for this article was sparked during a conversation with Andrew Noto, author of People Matters.
🔗 Read the full article on People Matters here!
Why We're Sharing This
As a movement, pay transparency has grown from a fringe idea into a standard regimen for compensation teams globally.
If pay transparency were a stock you could have bought 20 years ago, it would look a lot like Apple (up 108,850%) or Nvidia (up 129,131%) today.
Back then, both companies were underrated and seen as niche and maybe even risky. But if you had invested early, you would have seen exponential power-law returns.
Pay transparency is on the same trajectory, both in terms of the amount of data that is being produced and the returns for employers who
proactively define their compensation strategies in the era of pay transparency.