Question: Specific salary information includes more than just base salary. According to our text, only around 1 3 % of average compensation paid to an executive

Specific salary information includes more than just base salary. According to our text, only around 13% of average compensation paid to an executive is their base salary. Salary information can also include bonuses, stock options, benefits such as retirement contributions and paid time off, and other perks such as flexible work arrangements. I think that such specific salary information should be discussed openly. Before I even set up an interview for any interested positions, I mention the starting pay immediately. This way, the applicant can choose to move ahead with an interview or not. At the interview, I always explain our pay structure, benefits, and flexible work arrangements. My main reason is that I think it's important to foster a culture of transparency in my department. Since we are a service based department, teamwork is very important. I would like my staff to know how decisions are made, even the ones about pay. I feel that if employees feel that they are treated fairly, they are more likely to be engaged and committed and they have higher morale at work, which is very important for good service.

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