Pay Gaps and Pay Disparities, What’s the Difference?

Pay gaps

Given the worldwide attention on pay equity, the term pay gap is one you’ve undoubtedly heard by now. But what you may not be familiar with is the closely referenced term, pay disparity. In this post, we’ll be diving into the differences between pay gaps and pay disparities so you can begin talking about pay…

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2022 Forecast: The Case for Pay Equity

Pay equity

Leaders in business and HR say pay equity is becoming integral to the success of companies in 2022 and beyond.  JD Supra reports, “Pay equity, transparency, employee well-being, and inclusion are the new frontiers for employer-employee relationships.” The data confirms this philosophy has taken root on a broad level as well: A recent survey shows…

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Introducing The Equal Pay Estimator

Equal Pay Estimator

We are pleased to announce the launch of our Equal Pay Estimator product. Today, organizations can begin using the tool to prevent pay inequities from entering their workforce. The data-driven tool is simple in concept. Employers use the Equal Pay Estimator when extending a job offer to a prospect to ensure that the compensation package…

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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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Designing a Successful Pay Equity Program Pt. I

Pay equity

The events over the last several years propelled public momentum in addressing systemic injustice and social inequity, especially in the workplace. This has cast a bright spotlight on organizations’ diversity, equity, and inclusion (DEI) efforts – specifically around gender and racial pay gaps.  These issues are not going away. In fact, employers should expect pay…

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Pay Equity Implications of FLSA Worker Classification Rule Reversal

FLSA

Earlier this year the Department of Labor (DOL) moved forward with its proposal to reverse a Fair Labor Standards Act (FLSA) worker classification rule. The final rule, Independent Contractor Status Under the Fair Labor Standards Act, was effectively withdrawn on May 5, before ever taking effect. In the Department’s explanation, it said “the Independent Contractor…

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Illinois SB 1480 Pay Data Reporting Law Gets Amended

Illinois Equal Pay Act

The state government of Illinois recently enacted sweeping changes to its equal pay laws. Originally signed into law right before Equal Pay Day 2021, Illinois SB 1480 was amended by SB 1487 on June 25, 2021 to provide greater clarification on how Illinois employers must comply with the new equal pay obligations. There are three…

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Honest, Accessible Metrics are Key to D&I Reporting and Progress

D&I reporting

A recent article in the Harvard Business Review (HBR) says that organizations must move beyond “performative commitments” to diversity and inclusion (D&I) reporting. The reason is that today, current (and potential) employees and customers are “holding companies accountable for meaningful change.” How can companies ensure they’re making changes that make a difference? According to a…

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Calls Increase for Race/Ethnicity Pay Gap Reporting

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…

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Conduct 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…

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