Posts Tagged ‘Pay equity software’
Is 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 MoreHow to Keep Pay Equity at the Forefront During Layoffs
Uncertainty continues to pervade the economic landscape after a tumultuous 2022. Recent sweeping layoffs in the tech industry underscore this uncertainty, leaving employees and employers alike to wonder what lies ahead. Uncertainty in the Economy With many economists forecasting a recession in the coming year–albeit later than originally thought–layoffs and staff reductions may continue to…
Read MoreHow to Set Equitable, Explainable, and Competitive Salary Ranges
Pay transparency is a key issue facing HR in 2023. It’s estimated that one in four U.S. workers is covered by a law that requires organizations to post salary ranges in job listings. The latest pay transparency legislation came into effect on January 1st in California and Washington State. Pay transparency offers HR an opportunity…
Read MoreTrusaic Research Report Details The Connection Between Pay Equity and Technology
Our research report with the Josh Bersin Company finds that 72% of C-suite say that pay equity is a critical component of their people and business strategy. Moreover, companies utilizing specialized technology for pay equity analyses are 3.2 times more likely to engage and retain employees and seven times more likely to attract talent than…
Read MoreDon’t Gamify Your Pay Equity Analysis
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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