Company category

Compensation transparency leader award Award

Companies that are clear and open about their compensation practices, promoting trust and equity within their teams.

submit your application

until 28 March

Description

This award is given to the company that has implemented transparent compensation structures, ensuring that employees understand how salaries, benefits, and promotions are determined. It celebrates companies that prioritise fairness and communication in their compensation strategies, contributing to an open and inclusive work culture. To ensure equity in recognition, this award is divided into three subcategories, segmented by company size: small (1–50 employees), medium (51–250 employees), and large organisations (+250 employees).

Evaluation Criteria

  • Clarity in communication: ensures that employees clearly understand how salaries, promotions, and raises are determined.
  • Fairness: demonstrates a commitment to fair compensation practices, addressing issues such as gender or ethnicity pay gaps.
  • Accessibility: provides resources or tools that enable employees to understand their total compensation package.
  • Impact on trust: measures the level of trust, engagement, and employee satisfaction resulting from transparency efforts.
  • Data-driven decisions: uses data and analysis to support consistent and fair decision-making in compensation matters.
  • For more information, the full regulations can be consulted here.
Application

Frequently Asked Questions

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What do winners receive?

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