Pay Transparency: A Ticking Time Bomb? (New Compensation Rules That Could Wreck Your Culture)

Workforce Alchemy

Pay transparency laws are changing the game.  If your people understand why they’re paid what they’re paid—and what it takes to earn more—you’ve got a competitive advantage.  But if they don’t? You might be sitting on a ticking time bomb.  Confusion about compensation destroys trust, engagement, and retention faster than almost anything else.  That’s why Mason Duchatschek sat down with Scott Trumpolt, an expert in employee compensation strategy, to unpack how to navigate these new challenges and turn pay transparency into a growth opportunity.  Scott shares how aligning pay with purpose transforms engagement, what to watch for when new transparency laws take effect, and how leaders can make compensation a driver of trust, retention, and performance.  🎧 Listen to the Podcast Version  https://workforcealchemy.com/podcast-magazine/  📺 Watch on YouTube  https://www.youtube.com/watch?v=08ZpAHkxIlk  📺 Recommended Playlists  🎥 Full Episodes – The Mason Duchatschek Show https://www.youtube.com/playlist?list=PLaGSQcRH4ChwjjPLD9FN6r2IvuBp5PPbg  🎯 Workforce Strategy & Career Growth https://www.youtube.com/playlist?list=PLaGSQcRH4ChxEhB1iyTbn7NcBO2SoaFA4  ⚡ Shorts – Mason Duchatschek Show https://www.youtube.com/playlist?list=PLaGSQcRH4ChyPNetFBDdCqflzmAwJTWdL  👋 Follow Us on Social  📘 Facebook: https://www.facebook.com/ReverseRiskConsulting  📸 Instagram: https://www.instagram.com/workforcealchemy/  🐦 X (Twitter): https://x.com/WorkAlchemist  🎥 Rumble: https://rumble.com/user/WorkforceAlchemy  📼 Dailymotion: https://www.dailymotion.com/WorkforceAlchemy  📺 YouTube: https://www.youtube.com/@WorkforceAlchemist  🔗 About Mason Duchatschek & Workforce Alchemy  Mason Duchatschek is an Amazon.com bestselling author, business consultant, and host of The Mason Duchatschek Show. His insights have been featured in Selling Power, Entrepreneur Magazine, and The New York Times.  At Workforce Alchemy, Mason helps leaders uncover hidden profit leaks, strengthen teams, and transform company cultures through innovative employee selection, engagement, and retention strategies.  🌐 Learn more: https://WorkforceAlchemy.com  #Leadership #CompensationStrategy #PayTransparency #EmployeeEngagement #ScottTrumpolt #MasonDuchatschek #WorkforceAlchemy

Transcript

00:00Well, the new transparency laws, I think, are impacting companies because it's a wake-up call

00:06for them. How so? Because they are now posting these ranges that new hires will be coming into

00:14the organization. Employees will see the postings, even if they're within the organization. And so

00:18these people are going to start to ask questions because they see these numbers and they might say,

00:24hey, I'm in that job. Why aren't I paid at the top part of that range? Now that there are a lot

00:28of reasons why they aren't, it has to do with tenure within the company, how well they're

00:33executing, what their stage of growth is. But that's the piece that's missing for them. So it's

00:38a wake-up call for employers that since they have to post these ranges, they have to get their

00:44internal house even more in order in looking at where each individual falls within the range and why.

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