Gartner’s survey of around 3,500 employees found that staff who consider their pay unjust have a 15% lower intent to stay with their current employer, and are 13% less engaged than those who think their pay is fair.
Last year, a Gartner survey found that 84% of reward leaders are conducting pay equity audits annually in a bid to close pay gaps.
“Employee perceptions of pay equity aren’t rooted in compensation,” said Tony Guadagni, senior principal in Gartner’s HR practice.