Pay Transparency

Let’s be honest, there are not enough quality professionals in the biotech field with the experience we need. Training and developing quality professionals is a lot of hard work that takes years.

There can be some substantial gaps in salary in an organization. Unfortunately, it is easier to get pay raises from leaving the organization than from staying (a huge issue), even when being promoted from within. Any quality organization soon has people all over the place in salary, doing similar things and similar levels.

People talk about salaries, it is a legally protected activity, and frankly this transparency can be out friend if we let it.

As we build our quality organizations, make sure we are building pay equity, and then live it. Fight for it.

Lots of good thoughts in this article at Bio Space “How Salary Transparency Can Help Employers Find and Keep Top Talent

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