Pay transparency driven by regulation and peer practices in Singapore

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Pay transparency driven by regulation and peer practices in Singapore
Singapore Latest News,Singapore Headlines
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pstrongFive in 10 firms conduct pay equity analysis./strong/p pSingapore firms value pay transparency, with 50% conducting pay equity analysis and 65% having corresponding implementation strategies, AON reported.

Singapore firms value pay transparency, with 50% conducting pay equity analysis and 65% having corresponding implementation strategies, AON reported.

In doing the Pay Equity Analysis, the top factors Singapore firms look into are job family , experience/gender , and performance rating . Firms conducting pay equity analysis face difficulties allocating budgets and getting buy-in from business or leadership, knowledge of industry/peer practices, and unconscious bias in managers .

AON also revealed that the top drivers for pay transparency practices in Singapore are regulation and compliance , peer practices , the company’s diversity, equity, inclusion and belonging policy , investor relations , and social movements/activism ....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

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