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What to consider before increasing pay transparency
Pay transparency is now receiving a lot of attention, but lawyers say there are complex issues to consider when removing secrecy clauses from employment contracts.
The Finance Sector Union has been pressuring employers to remove pay secrecy clauses, and the Opposition says it plans to make confidentiality requirements unlawful if it wins the upcoming federal election.
But there are some sound reasons for having these clauses in contracts, according to Seyfarth partner Michael Tamvakologos and senior associate Lauren Crossman...
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