How Much Do You Make? Why We Should Share Compensation Information
Companies and employees in the creative industry are opening up about compensation, new research from staffing firm The Creative Group shows. More than three-quarters of advertising and marketing hiring managers surveyed (77 percent) said their organization offers some level of salary transparency with 34 percent reporting full transparency. When asked to name the greatest advantage of instituting an open pay policy, the top response was helping close the wage gap (23 percent), followed by creating an atmosphere of trust and collaboration (21 percent).
Advertising and marketing hiring managers were asked to describe their company's current approach to open salary policies, as well as what they think it should be.
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Source
"How Much Do You Make? Most Advertising and Marketing Managers are on Board with Sharing Compensation Information." The Creative Group, 2019.