Pay Equity Deep Dive Part 2: Wage Influencing Factors and Reliability Testing

This is Part II of our “Pay Equity Deep Dive Series.” Part I focused on Compensation Philosophy Review and Pay Analysis Group formation and testing. Part II focuses on Wage Influencing Factors (WIFs) and Reliability and Robustness Testing.   A Wage Influencing Factor (WIF) is a factor reflecting skill, effort, responsibility, working conditions, or location applied…

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Pay Equity Deep Dive Part 1: Compensation Philosophy Review and Pay Analysis Group Formation and Testing

We’re seeing more organizations take action on pay equity. According to a 2022 WorldatWork survey, 70% of participating organizations reported taking action on pay equity. This represents a ten-percentage point increase from 2019. Moreover, of those taking action on pay equity, 80% have an ongoing process for conducting a pay equity analysis.  With this in…

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Class Action Pay Transparency Lawsuits On The Rise

As we predicted, pay transparency has become a priority for employers worldwide in 2023. Governments and organizations are taking major steps to address disparities in pay and ensure workplace fairness.  Failing to comply with legislation can lead to a rise in class action lawsuits, and subsequent financial penalties for employers.  In this article, we highlight…

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Equal Pay Transparency Hearing Scheduled in Colorado

On September 29, Colorado’s Department of Labor and Employment released its proposed Equal Pay Transparency (EPT) rules. The update is aimed at providing clarity on the state’s Ensure Equal Pay for Equal Work Act. SB23-105, which comes into effect on January 1, 2024, amends Colorado’s pay transparency statute. A public hearing on the proposed rules…

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