Posts Tagged ‘Pay equity software’
Don’t Forget Pay Equity During Merit Increase Season
As the calendar turns to March, many employers are poised to dole out annual merit increases. This compensation practice is key to retaining top talent, but it’s important to keep pay equity in mind during the process. Employers that overlook what factors are influencing their pay decisions are at risk of creating internal equity issues…
Read MoreNavigating Pay Transparency: Stay Compliant with Pay Equity Software
The era of pay transparency is here to stay. Legislation is expanding across the US and globally, as the EU leads the way. Pay transparency is part of a movement to close the gender pay gap. At current rates of progress, women in today’s workforce will not see equal pay in their lifetime. Yet employers…
Read MoreAI Executive Order Issued by Biden Administration
On October 30, 2023, the Biden administration issued its highly anticipated AI Executive Order (EO) on artificial intelligence (AI). Focused on creating a framework for “responsible AI”, the EO expands on the Blueprint for an AI Bill of Rights. Key elements covered in its scope include safety, privacy, equity and civil rights, healthcare and education,…
Read MoreEEOC and WHD Alliance Impacts Every Employer
The EEOC (Equal Employment Opportunities Commission) and Department of Labor WHD (Wage and Hour Division) have agreed on a partnership to enforce “workplace justice issues”. Effective September 13, the EEOC and WHD alliance involves greater collaboration on employment-related matters and regulatory enforcement. Coordination between the two agencies will increase through information sharing, joint investigations, training,…
Read MorePay Equity Claims Are On The Rise: How Can Employers Navigate Complex Legislation?
As pay equity legislation expands, the number of equal pay claims is increasing. More than 950 pay discrimination charges were filed with the EEOC in fiscal year 2022, the first increase in Equal Pay Act pay discrimination charges in three years. In this article we explore the definition of equal pay, consider the reasons behind…
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 MoreKorty v Indiana: The Impact on Pay Equity & Reverse Discrimination
The recent pay discrimination case of Korty v Indiana University Health offers an alternative perspective on pay equity and highlights why employers must ensure salary ranges are set without regard to sex or gender. In this article, we highlight some key points from the court ruling, the potential for reverse discrimination in determining pay, and…
Read MoreAI in HR: Can You Trust Your Pay Equity Software Provider?
EEOC Title VII guidance released last month highlighted the need for employers to partner with a trusted pay equity software provider. The technical assistance document outlined the application of Title VII of the Civil Rights Act of 1964 to automated systems. It aims to prevent discrimination caused by AI to job applicants and employees, including…
Read MoreMicrosoft’s Decision on Pay Raises Makes Pay Equity a Priority
Microsoft is skipping employee pay raises for full-time salaried employees and its senior leadership team in 2023, a move announced by CEO Satya Nadella which contrasts with its 2022 salary increases. Employee bonuses, stock awards and promotions will continue. Microsoft’s decision on pay raises reflects a growing trend in the tech sector. Only 35% of…
Read MoreIs 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…
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