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Only One in Three Workers Think Their Pay Is Fair, Study Finds.

Authors :
Constantz, Jo
Source :
Bloomberg.com; 11/28/2022, pN.PAG-N.PAG, 1p
Publication Year :
2022

Abstract

"When organizations educate employees about how pay is determined, employee trust in the organization increases by 10% and pay equity perceptions increase by 11%", Guadagni said. A Gartner survey in May of over 3,200 employees found that fewer than a third are aware their organization is prioritizing pay equity, and only two in five understand how their pay is determined. (Bloomberg) -- Only 32% of employees think their compensation is fair, according to a new survey by consulting firm Gartner Inc. Employees' perceptions of unfairness can be attributed largely to trust - or lack thereof - in their organizations, according to Gartner, which surveyed more than 3,500 employees. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
160456250