Salary transparency will pay dividends - report
Some 62 per cent of IT professionals would ̵6;be comfortable̵7; revealing their salary figures to colleagues in order to achieve pay parity, suggests research by recruitment consultancy Hudson, whilst 68 per cent believe that senior managers be required to disclose what they get paid to the rest of the workforce.
Hudson conducted the study among 1000 UK workers in professional employment to assess how employees̵7; attitudes to the traditionally thorny issue of pay might have changed in light of recent damning reports into the gender pay gap from Government and trade unions. The findings represent a warning to employers that pay and pay reviews need to be ̵6;fair and transparent̵7; throughout the organisation, in order to avoid the risk of losing talented employees.
Of male and female IT professionals, 61 per cent believe that more transparency about pay would reduce the gender pay gap, helping to avoid a situation that still pays men, on average, 17.2 per cent more than women occupying the same position. Male IT professionals are much more comfortable about disclosing what they get paid to others, with 66 per cent saying they wouldn̵7;t have a problem doing so ̵1; but only 49 per cent of female IT professionals would be happy to disclose their pay.
̶0;IT professionals are ready to break one of the biggest taboos in the workplace ̵1; revealing salaries ̵1; in order to ensure true equality of pay,̶1; believes Luke Archer, Hudson̵7;s London director. ̶0;The gender pay gap persists, and businesses that neglect to address it are risking alienating half their workforce.̶1;
Image: Male IT professionals are much more comfortable about disclosing what they get paid to others, with 66 per cent saying they wouldn̵7;t have a problem doing so
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