Posts by Joanna Kim-Brunetti
UK Ethnicity Pay Gap Reporting: What It Means for Employers
In April 2023, the UK government published new guidance for employers on how to measure, report on and address ethnicity pay differences within their organizations. Here we consider how to collect, track, and analyze ethnicity data for companies which voluntarily publish ethnicity pay gap reports. What is the purpose of collecting ethnicity data? Ethnicity pay…
Read MorePride Month and Caribbean Heritage Month Take Center Stage
Cultural heritage celebrations have become an important part of the fabric of organizational culture in recent years, representing an opportunity to recognize and celebrate the backgrounds and attributes that define who employees are. In June, two of these celebrations are in the forefront. Caribbean Heritage Month which is focused on geographic association, and Pride Month…
Read MorePay Equity is the Key to Achieving the “S” in ESG
Corporate Social Responsibility (CSR) and Environmental, Social and Governance (ESG) reporting have become vital considerations for employers. But rather than seeing the requirements as an additional reporting burden or a distraction, a focus on the “S” in ESG can have a positive impact on financial performance and brand reputation. S in ESG relates to the…
Read MoreIs the EU Pay Transparency Directive the Future for US Pay Equity?
On April 24th, 2023, the Council of the European Union formally adopted the EU Pay Transparency and Pay Reporting Directive, following its approval by the European Parliament on March 30th. Its key aim is to close the gender pay gap by introducing some of the most stringent and comprehensive pay transparency laws to date. The…
Read MoreIs the US Moving Towards National Pay Transparency Legislation?
On March 14, 2023, Eleanor Holmes Norton (D-DC) introduced the “Salary Transparency Act,” HR 1599, a significant piece of pay transparency legislation, which would require all employers nationwide to disclose pay ranges in job listings, provide wage ranges to job applicants, and provide that same information to existing employees. The legislation is intended to close…
Read MoreSB 1162 Reporting Deadline Extension
Complying with federal, state, and local government regulations can be a considerable administrative burden and expense for employers, and that’s when those employers understand the scope of the regulations fairly well. It gets even trickier when new rules are introduced. With limited real-life examples to draw from, employers and their legal and regulatory advisors must…
Read MorePay Equity and Transparency Matters to Employees
According to a report from The Josh Bersin Co., communicating clearly about pay equity is nearly 13 times as important for employee retention and engagement as talking about “high levels of pay and benefits.” Equity Matters More Than High Pay and Great Benefits Provided with a list of 84 employee experience strategies, respondents ranked “fair…
Read MorePay Equity is a Priority for Employers In 2023: Here’s Why
Following the approval of the EU’s Pay Transparency Directive by the European Parliament, pay transparency has become a globally trending business topic that employers can no longer ignore. Yet it is still not a high priority for most organizations. Company leaders may claim that pay equity is critical to the success of their business, but…
Read MorePay Transparency Motivates Employees to Work Harder
Employees who feel and see their pay is fair through pay transparency and see themselves as part of a system where they can be promoted tend to work harder. That’s according to research reported in The Wall Street Journal, where multiple studies revealed the following: Knowing the salary of their colleagues can improve the productivity…
Read MoreAct Now to Meet SB 1162 Pay Data Reporting Requirements
The clock is ticking. For employers doing business in California (which encompasses a significant number of employers around the country), the deadline for submitting SB 1162’s required pay data report including annual mean and median pay data is looming—Wednesday, May 10, 2023. However, the California Civil Rights Department (CRD) has proposed a two-month extension for…
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