Opportunity Equity: Prepare for 2024’s Emerging HR Trend

Opportunity equity

While pay equity remains a key HR trend in 2023, another is emerging as we approach 2024; that of opportunity equity.  Opportunity equity is the practice of providing all workers with equal access to opportunities for employment, development, and career advancement. That’s irrespective of gender, race/ethnicity, age, and other personal attributes. It aims to dismantle…

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Why Environmental, Social, and Governance is Here to Stay

Environmental, Social, and Governance

Described by its critics as “woke capitalism,” Environmental, Social, and Governance, (ESG) is facing something of a backlash. But that overlooks the far-reaching benefits to employers and investors.  A survey by The Conference Board (TCB) found that almost half of all businesses have faced ESG backlash. 61% believe that backlash will remain the same or…

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Breaking Gender Barriers in Mining: South Flank Case Study

Breaking gender barriers

A remote Australian mine is seemingly achieving the impossible in breaking gender barriers in the workplace. South Flank, a BHP iron ore mine in Western Australia, has achieved an impressive gender balance. 40% of its frontline employees and four out of its six senior managers are women. The ILO (International Labor Organization) defines gender balance,…

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SCOTUS Decision: Affirmative Action and Businesses

Affirmative Action

On June 29, 2023, the Supreme Court ruled that admissions programs at Harvard and the University of North Carolina (UNC), based on race, violated the Constitution’s guarantee of equal protection. It was a significant affirmative action decision that, not unexpectedly, sent shock waves across the nation—not only among institutions of higher education, but across all…

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ESG Reporting and SEC Enforcement

ESG reporting

In recent years, the Securities and Exchange Commission (SEC) has been increasingly focusing on corporate Environmental, Social, and Governance (ESG) policies and statements. Fraudulent practices related to ESG efforts and outcomes have come under scrutiny, as investors are now considering ESG factors when making investment decisions. The SEC has initiated enforcement actions against companies for…

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Goldman Sachs, the NFL and the Gender Pay Gap

pay discrimination

Two major organizations, the NFL and investment bank Goldman Sachs, are facing fallout amid accusations of workplace discrimination and the gender pay gap.  Goldman Sachs settlement Following a gender discrimination class action lawsuit which began in 2010, investment bank Goldman Sachs agreed to pay $215 million in settlement. The case, involving 2,800 female associates and…

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New EEOC SEP Doubles Down on Employment Discrimination

EEOC

The Equal Employment Opportunity Commission (EEOC) has released its newest Strategic Enforcement Plan (SEP) draft. What does this mean for employers?  For some, it will mean changing recruitment and payroll practices to adhere to new EEOC and SEP policies. Will your organization be ready? There’s a lot to know as you prepare for increased scrutiny…

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Don’t Gamify Your Pay Equity Analysis

Pay equity

Defining pay equity goals for your organization is one thing, choosing a solution is another. And it’s an important decision for employers because the wrong solution could put you in a worse position than when you set out to achieve your goals. In this piece, we will be talking about the importance of choosing an…

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