---
title: "Pay Transparency: Most Companies Lack a Strategy"
description: The article discusses remote work and compensation/retention strategies, including pay increases and benefits offered.
---

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# [Pay Transparency: Most Companies Lack a Strategy](https://www.nelsonconnects.com/learning-center/blogs/pay-transparency-most-companies-lack-a-strategy)

 Written by [Nelson Connects](https://www.nelsonconnects.com/learning-center/blogs/author/nelson-connects) | January 25, 2023

## Nelson Connects in the News

 

|   | ### **SIA Focuses on Nelson Connects 2023 Salary Guide & Workplace Trends Report** An article in [Staffing Industry Analysts](https://www2.staffingindustry.com/Editorial/Daily-News/Pay-transparency-19-of-hiring-managers-say-their-firm-has-one-Nelson-Connects-finds-64271) reported on a Nelson Connects’ finding that only 19% of companies have a formal pay strategy. The SIA article featured data from [Nelson Connects’ 2023 Salary Guide & Workplace Trends Report](https://www.nelsonconnects.com/2024-salary-guide).  The article discusses remote work and compensation/retention strategies, including pay increases and benefits offered. It highlights other notable report findings, such as 56% of survey respondents saying they offer retention raises to current employees and 57% saying they increase employees’ salaries to match those of new hires.  |   |
| --- | --- | --- |

 

 

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[View full post](https://www.nelsonconnects.com/learning-center/blogs/pay-transparency-most-companies-lack-a-strategy)

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