Posts Tagged ‘Pay Equity’
Why Environmental, Social, and Governance is Here to Stay
Described by its critics as “woke capitalism,” Environmental, Social, and Governance, (ESG) is facing something of a backlash. But that overlooks the far-reaching benefits to employers and investors. A survey by The Conference Board (TCB) found that almost half of all businesses have faced ESG backlash. 61% believe that backlash will remain the same or…
Read MoreContract Worker Rights: New Jersey & Illinois Break the Mold
Groundbreaking employment legislation for contract worker rights in New Jersey (NJ) is now law. NJ is the first US state to mandate equal pay for temporary workers, followed closely by Illinois. Effective August 5, the Temporary Workers’ Bill of Rights carries significant legal implications for temporary staffing agencies and their clients. Legal implications for employers…
Read MoreEEO-1 Component 2: Prepare for Pay Data Reporting
Speculation over the return of EEO-1 Component 2 pay data reporting has been rife for some time. To be precise, since Equal Employment Opportunity Commission (EEOC) Commissioner Keith Sonderling warned, “Watch out, it is coming”. This time, speculation cannot be dismissed, as Bloomberg Law reports the EEOC is “widely expected” to reinstate EEO-1 Component 2. …
Read MoreEqual Pay for Work of Equal Value: EU Directive & Canadian Pay Equity
When it comes to closing the gender pay gap, the EU Pay Transparency Directive is streets ahead in global terms. “Equal pay for equal work or work of equal value” is a founding principle enshrined in Article 157 of the Treaty on the Functioning of the European Union (TFUE). It is also a driving principle…
Read MoreClosing the Gender Pay Gap: Why Women Can’t Wait Another 50 Years
Women in the workforce are unlikely to see pay equity achieved in their working lifetime. You read that right. Efforts to close the gender pay gap have stalled. Pew Research Center analysis found that in 2022, American women earned an average of 82 percent of what men earned. That’s up only 2 percent since 2002. …
Read MoreHawaii Amended Equal Pay Act: Ensuring Fair Compensation
Hawaii is the latest state to take steps to eliminate pay discrimination with an amendment to its Equal Pay Act. Hawaii SB1057 was signed into law by Governor Josh Green on July 3, 2023. As well as requiring employers to disclose salary information in job listings, the bill expands legislation for protected classes, and amends…
Read MoreESG Developments: The Impact of CSRD on Pay Equity
On January 5, 2023, the EU’s Corporate Sustainability Reporting Directive (CSRD) came into force, replacing the EU’s 2014 Non-Financial Reporting Directive (NFRD). In this article we explore the latest ESG developments and their impact on pay transparency. Closing the gender pay gap is a key component of the CSRD. Potential ESG impact on non-EU employers More than…
Read MoreUS Pay Equity Regulations and the EU Pay Transparency Directive
Complying with pay equity regulations is a constant challenge for employers operating in multiple jurisdictions. In this article we explore the parallels between the EU Pay Transparency Directive, and the diverse state-level regulations and federal laws in the US. US compliance: challenges facing employers As they endeavor to ensure workplace fairness and equal compensation, American…
Read MoreBlack Women’s Equal Pay Day Shifts to July 27 in 2023
According to Equal Pay Today, Black Women’s Equal Pay Day is observed today, on July 27. The date shifts every year as a reflection of how far into the year Black women need to work to “catch up” to white men. In other words, this year Black women must work an extra seven months to…
Read MoreColorado Equal Pay Act: Understanding Key Changes To Legislation
Colorado recently passed Senate Bill 23-105, which amends Colorado’s Equal Pay for Equal Work Act. The law, signed by Governor Jared Polis, modifies pay transparency requirements for job listings and internal promotion opportunities. The Colorado Equal Pay Act amendments will come into force on January 1st, 2024. In this article, we explore the background to…
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