government / 2h ago
Michael Fahy says the Government's plan to bring in pay transparency legislation comes as similar rules are spreading in other jurisdictions.
Michael Fahy says the Government's plan to bring in pay transparency legislation comes as similar rules are spreading in other jurisdictions. He argues that clearer salary ranges and open pay bands can expose unfairness, build trust and reduce unexplained pay gaps. Fahy also warns that transparency can reduce flexibility in compensation, especially in the international business sector. He says the debate needs to balance the benefits of openness against the need to keep pay systems workable.