Posts Tagged ‘Pay Equity Laws’
Biden Administration Proposes Pay Equity Requirements for Federal Employers
The Biden administration is looking to continue its push for pay equity at the federal level. The Office of Personnel Management announced a new regulation for Federal agencies that will prohibit the use of salary history in setting pay for roles in the government. For federal contractors, the administration announced a proposed rule that would…
Read MoreIs AI In Salary Management the Solution To Pay Equity?
The combination of machine learning (ML) and AI in salary management could help HR to determine the “perfect salary” for employees. Pay equity legislation and the risk of equal pay claims is forcing employers to review the way in which compensation decisions are made. They also want salary decisions to reflect individual skills rather than…
Read MoreIndependence Day 2023: Fulfilling the Promise of Liberty and Equality For All
July 4th, or Independence Day, marks the historic date in 1776 when the Second Continental Congress adopted the Declaration of Independence, and the colonies became independent from Great Britain. The nation’s founding principles included the idea that all people are created equal and have fundamental rights, promising liberty and equality for all. Is 2023 a…
Read MoreUK 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 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 MoreStates Promote Pay Transparency with Salary Range Disclosures
Over the last two years, pay transparency laws have gained traction in the U.S. with no signs of slowing down. In fact, Inc. has called 2022 “the year of pay transparency.” What is pay transparency? Essentially, it’s the practice of openly sharing current and prospective employee compensation. Pay transparency is a proven method for combating…
Read MoreIreland Pay Gap Reporting Regulations Released
Last year, Irish lawmakers passed the Gender Pay Gap Information Act 2021. The Act aims to close the pay gap between men and women by requiring employers to publish information about gender wage gaps within their organizations. Nearly a year later, the Irish government released the regulations outlining gender pay gap reporting obligations for employers.…
Read MoreKey Findings From California Pay Data Reporting Collection
In an ongoing effort to combat employment discrimination and promote pay transparency, the state of California passed SB 973 in 2020. This law requires California private companies with 100 or more employees to annually report pay and hours-worked information by establishment, job category, sex, race, and ethnicity to the California Department of Fair Employment and…
Read MoreAchieve Pay Equity On a Global Scale
Pay equity laws are surfacing all over the world. It’s happening so fast that it’s honestly difficult to keep track of, that is, until now. Trusaic created the Pay Equity Definitive Guide to help employers around the world manage emerging pay equity requirements. Included in this over 60-page resource are specific employer pay equity requirements.…
Read MoreDesigning a Successful Pay Equity Program Pt. I
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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