While there are very real legal requirements surrounding pay equity, paying employees fairly for work performed is not only the right thing to do, but solid business strategy. Allegations of pay discrimination can negatively impact the employer’s brand, recruitment, stakeholder equity, customer loyalty and the organization’s bottom line.
This white paper helps employers understand the value of a Pay Equity Analysis, how to prepare data for analysis, and more importantly, to know what to look for to understand not only the symptoms of pay inequity, but the root causes so that systemic pay gaps can be addressed.
When employers began measuring accidents, safety improved. Likewise, when pay equity is truly measured and managed, it too will improve. It’s time to get beyond verbal support to measurable results.