Both an organization’s total rewards architecture and its culture can impact the way employees perceive the “fairness” of their pay. In addition, external forces like an employee’s friends, family, and coworkers can influence perceptions. The increasing availability of salary data over the internet provides yet another point of triangulation as an employee considers the “fairness” of his or her pay.
But if we know that we have designed fair and equitable compensation programs, why should we care about perception? In this session, Rena Rasch and Lena Bottos will discuss Kenexa's latest research on the relationship between perceptions of pay fairness and employee engagement. Focusing on key drivers of employee perceptions of pay fairness, they will discuss what compensation leaders and organizations in general can do to improve these perceptions and maximize engagement across the organization.
