Posts Tagged ‘Pay Equity’
The State of The Pay Gap in 2022
It’s true that 2022 has been a banner year for change in the workplace. With so many states enacting new laws requiring organizations to prove they harbor fair pay practices, it’s clear that we’re on the path to finally closing the pay gap. Despite the utmost progress though, the World Economic Forum still predicts that…
Read MoreHewlett Packard Enterprise Reaches $8.5 Million Pay Gap Settlement
Computer information technology company, Hewlett Packard Enterprise reached a settlement regarding allegations of pay discrimination late last week. 1,735 female employees who worked at the company’s California offices from 2015 onward will be awarded compensation ranging from $500 to $17,000 each. The amount itself will come down to each individual’s tenure with the company and…
Read MoreCalifornia SB 1162 Signed Into Law: Takes Effect Jan. 1
Yesterday afternoon, California Governor Gavin Newsom signed SB 1162 into law. It is now one of the most aggressive pay equity laws in the country. Effective January 1, 2023, a mere three months from now, organizations around the country will have sweeping new reporting requirements to comply with. To help you prepare for the forthcoming…
Read MoreAddressing Wage Compression to Attract and Retain Talent
Pay transparency continues to be a focal point this year. With 10 states having implemented salary range requirements for job listings, it’s paramount that employers manage pay policies and practices that promote fair pay in the workplace. As organizations incorporate these pay transparency policies, however, they must be mindful of wage compression. Wage compression, also…
Read MorePay Data Reporting Key To Ending Pay Discrimination
For the 2017 and 2018 reporting years, the Equal Employment Opportunity Commission (EEOC) expanded EEO-1 reporting for employers by introducing the collection of employee pay data. Known as EEO-1 Component 2, the EEOC’s short-lived pay data reporting requirements demonstrated significant value in identifying and resolving pay discrimination in the workplace. This was recently confirmed in…
Read MorePayParity Pay Equity Case Study: Mother Jones
Organizations are continuously making pay equity a top priority this year. It is, after all, the number one benefit employees look for in current and prospective employers. Whether their reasons for focusing on pay equity are for compliance reasons or for generating confidence in investors, companies that actively approach pay equity proactively see greater success…
Read MoreCalifornia SB 1162 One Signature Away From Becoming Law
Earlier this week California SB 1162 passed the state Senate and Assembly floor, clearing all California state legislative hurdles. The bill now advances to Governor Gavin Newsom who has until September 30, to sign it into law. Following the success in the final rounds of California’s state legislature, Senator Monique Limón, who first introduced SB…
Read MoreCombatting Wage Compression in the Age of Pay Transparency
As employers navigate the tight labor market, pay transparency continues to show up at the top of initiatives to pursue. And for good reason. Pay transparency, whether it be via means of posting salary ranges in job listings, publicly announcing open pay communication policies internally, or obtaining pay equity certification, can help organizations differentiate themselves…
Read MoreCalifornia Firm Esri Reaches $2.3 Million Pay Discrimination Settlement
Despite continuous legislative and social efforts aimed at closing the gender pay gap, pay discrimination persists. The latest organization to learn the value of a pay equity audit the hard way is Esri. The technology company based out of California reached a settlement with the Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP)…
Read MoreWatch Out California Employers: SB 1162 On Track To Become Law
California’s latest pay equity legislation, SB 1162 passed the State Assembly Appropriations Committee late last week. It’s good news for the Golden State as it continues to lead the way in equal pay initiatives. If passed, SB 1162 would become one of the most aggressive pay equity laws in the U.S. The bill still needs…
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