Global Pay Transparency Report 

This report explores the importance of pay transparency for organizations worldwide and the need for them to act decisively. It highlights the increasing expectations for pay transparency among candidates and employees and the challenges organizations face in meeting these expectations. It also discusses the different approaches and strategies organizations are taking to achieve pay transparency, as well as the regional variations in pay transparency readiness. This report  emphasizes the importance of aligning pay transparency step strategies with global business goals and provides a five-step playbook for organizations to navigate the complexities of pay transparency. 

Mercer’s Global Pay Transparency survey report through its research highlights that the biggest underlying risks come from business outcomes that might or might not be met across retention, attraction and engagement.

Pay transparency is quickly becoming a basic requirement for organizations across the world. In spring of 2024, 1,160 respondents headquartered in different regions around the globe participated in Mercer’s 2024 Pay Transparency Survey, seeking to understand how various organizations are approaching the changing landscape of pay transparency, as well as meeting employee expectations for more pay disclosure. In this report, we share those findings.