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

Want more expert insights on the topic of pay equity? Access our entire Pay Equity Deep Dive Series.  A Wage Influencing Factor (WIF) is a factor reflecting skill, effort, responsibility, working conditions, or location applied consistently in determining employees’ compensation.  Essentially, these are compensable factors that one would expect to influence employee pay. Examples include…

Read More

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…

Read More

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…

Read More