We live and work in a world where employee loyalty is increasingly hard to secure, and organisations need to examine a multitude of strategies to retain their top talent. One approach, salary transparency, has emerged as a powerful tool for fostering trust, fairness, and engagement within the workplace. Let's explore how this practice can significantly impact employee retention. Trust is the cornerstone of any strong employer-employee relationship. When it comes to compensation, transparency can play a crucial role in building and maintaining this trust. According to a study by PayScale, 66% of employees at organisations with transparent pay practices expressed trust in company leadership. This trust translates directly into improved retention rates, with transparent organisations experiencing up to 25% lower turnover. Salary transparency goes beyond just disclosing numbers; it is about creating a culture of fairness and equity. When employees understand how their pay is determined...