Episode 90: Talkin' Pay Transparency with HR Data Labs David Turetsky. Thanks,
David Turetsky! We appreciate you sir.
In episode 90 of 'It's About Payroll' Podcast, hosts Brian Escobar and Walter William Duncan III invite David Turetsky, HR Data Labs and CHRO of Salary.com, to discuss the crucial topic of pay transparency. David points out the progression in this area from the 90s when discussing pay with co-workers was potentially a reason for termination, and explains how pay transparency has evolved into a way to level the playing field. He discusses California's approach, the wide versus narrow pay range for jobs, and how companies should deal with pay disparity. The conversation also explores the impact of being able to talk about pay, the importance of being prepared to discuss salary, the sensitivity of discussing overtime, and the role of the manager in the topic of pay. Finally, David gives advice to new HR and payroll entrants, highlighting their significant positions in the business.
00:00 Introduction and Welcome
00:20 Special Guest Introduction: David Turesky
01:35 Sponsor Message: TimeTrakGO
02:49 Discussion on Pay Transparency
04:04 The Evolution of Pay Transparency
05:51 The Impact of Pay Transparency on Employee Conversations
07:17 The Role of Companies in Pay Transparency
07:28 The Importance of Employee Advocacy in Pay Transparency
09:14 The Role of Data in Pay Transparency
10:52 The Importance of Compliance in Pay Transparency
11:31 The Role of Legal Counsel in Pay Transparency
13:02 The Importance of Education in Pay Transparency
18:30 The Impact of Pay Transparency on Overtime
26:14 Closing Remarks and Advice for New HR and Payroll Professionals
27:39 Conclusion and Sign Off