Only 54% of employees believe they are paid fairly and 39% believe their company's pay rates are below industry norms, prompting renewed questions about pay equity and transparency, according to a survey of 1,878 US and UK employees conducted by compensation platform beqom.
Women were less confident about their compensation, with only 49% saying they are fairly compensated compared with 59% of men. Meanwhile, less than half of employees said their salary was adjusted to match inflation last year, and about one-third of survey respondents said new hires at their company are making more than tenured employees.
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