Posts Tagged ‘Equal Pay’
States and Cities are Continuing to Pass Salary History Bans
Efforts to close the gender wage gap have been a top priority now that the Biden administration is in office. Individual counties, cities, and states across the country, however, have been hard at work over the last several years by passing salary history bans. Below we cover all of the states that have enacted state-wide…
Read MoreCanada Pay Equity Act Anticipated to Take Effect This Year
In a landmark effort to ensure that pay equity is both achieved and maintained, the Canadian parliament passed the Pay Equity Act in December of 2018. The Pay Equity Act will create new proactive pay obligations on employers in the public and private sectors. Since 2018, covered organizations have waited for the Act to take…
Read MoreHR.com Report Finds Employers Have Room to Improve on DEI Initiatives
HR.com recently issued a report on a survey they ran regarding employers’ outlook towards Diversity, Equity, and Inclusion (DEI) initiatives for 2021. The report, The Future of Diversity, Equity and Inclusion 2021, includes survey data collected between December 2020 and January 2021 from 374 HR professionals across the world, with the majority residing in North…
Read MoreHow to Prepare for the ESG Reckoning: Three Essential Steps
When two founding members of Bain Capital’s impact investing fund sound the alarm that An ESG Reckoning Is Coming, employers should take note. Michael O’Leary and Warren Valdmanis cover a lot of ground in their new article for the Harvard Business review, from Nikola’s disastrously fake zero-emission semi-truck commercial to Former U.S. Attorney General Loretta Lynch’s…
Read MoreCalls Increase for Race/Ethnicity Pay Gap Reporting
Employers may already be aware of the pressure to disclose the gender pay gap in their organizations. What they may not know is that the pay gap issue is equally relevant with regard to all protected classes, not just in terms of gender. As a result, employers need to be prepared with pay equity solutions…
Read MoreIllinois Equal Pay Act To Require Employer Pay Data Reporting
The state government of Illinois recently enacted sweeping changes to its equal pay laws. On March 23, right before Equal Pay Day 2021, Illinois Governor Jay Pritzker signed SB 1480 into law. There are three critical parts to SB 1480: 1) the “Equal Pay Registration Certificate”; 2) public-facing employee demographic data reports, and 3) a…
Read MoreConduct a Pay Equity Analysis This Equal Pay Day
Today, March 24, 2021, is Equal Pay Day. Equal Pay Day is not a holiday but rather a time for somber reflection and strategic planning. According to the National Committee on Pay Equity, “This date symbolizes how far into the year women must work to earn what men earned in the previous year.” It began…
Read MoreEmployers: EEO-1 Reporting Portal Scheduled to Open in April
There’s important news for employers concerned with advancing their Diversity, Equity, and Inclusion (DEI) efforts. The U.S. Equal Employment Opportunity Commission (EEOC) has announced that collections of 2019 and 2020 EEO-1 Component 1 Data, postponed in 2020 due to the Covid-19 crisis, will begin in April 2021. Some background: As part of its efforts to…
Read MoreWhat Employers Need to Know About Setting ESG Goals & Measuring Their Progress
As time goes by, it’s becoming clear just how important environmental, social, and governance (ESG) goals are for employers. Accurately measuring your ESG progress is only part of the solution. Like most business processes, companies look to Key Performance Indicators (KPIs) to measure progress towards goals and objectives. The issue is that employers are focusing…
Read MoreWhy and How to Conduct an Effective Pay Equity Audit
3 minute read Why should achieving pay equity be such a high priority for employers? For one thing, it’s simply good for business. As quoted by the Society for Human Resources Management (SHRM), attorney Cheryl Pinarchick (with Fisher Phillips in Boston) stated, “By ensuring employees are paid equitably, employers can increase efficiency, creativity, and productivity…
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