Posts Tagged ‘Pay Gap’
Canada Pay Equity Act Anticipated to Take Effect This Year
In a landmark effort to ensure that pay equity is both achieved and maintained, the Canadian parliament passed the Pay Equity Act in December of 2018. The Pay Equity Act will create new proactive pay obligations on employers in the public and private sectors. Since 2018, covered organizations have waited for the Act to take…
Read MoreBiden Executive Order on DEI Has Serious Implications for Employers
Employers should take note of an Executive Order related to diversity, equity, and inclusion (DEI) made by President Biden on his first day in office. While the order applies only to departments and agencies of the Federal Government, it’s likely to have a far-reaching impact on private-sector employers as well. For context, Executive Order 13985…
Read MoreHow to Prepare for the ESG Reckoning: Three Essential Steps
When two founding members of Bain Capital’s impact investing fund sound the alarm that An ESG Reckoning Is Coming, employers should take note. Michael O’Leary and Warren Valdmanis cover a lot of ground in their new article for the Harvard Business review, from Nikola’s disastrously fake zero-emission semi-truck commercial to Former U.S. Attorney General Loretta Lynch’s…
Read MoreWhat Employers Need to Know About Setting ESG Goals & Measuring Their Progress
As time goes by, it’s becoming clear just how important environmental, social, and governance (ESG) goals are for employers. Accurately measuring your ESG progress is only part of the solution. Like most business processes, companies look to Key Performance Indicators (KPIs) to measure progress towards goals and objectives. The issue is that employers are focusing…
Read MoreCompanies Rethinking NDAs with Discrimination Settlements
When companies lay off employees and offer them severance packages, it’s not uncommon to have them sign a non-disclosure agreement, which effectively prevents them from saying anything disparaging about the company after they leave. If the employees don’t agree, they don’t get the money. Similar tactics are often used in racial discrimination settlements. But that’s…
Read MoreCalifornia Pay Data Reporting Most Commonly Asked Questions
On September 30, 2020, California Governor Gavin Newsom signed Senate Bill 973 (“SB 973”) into law. SB 973 authorizes California’s Department of Fair Employment and Housing (DFEH) to enforce the annual reporting of pay and hours worked data for employers with California employees. Here are a few answers to frequently asked questions regarding California’s new…
Read MoreInternational Women’s Day: Addressing Gender Pay Equity
International Women’s Day is coming on Monday, March 8th. While a lot of progress has been made to advance more equal opportunities for women in the workplace, there still remains a lot more to be done. Based on 2020 data from the U.S. Census Bureau, on average, women in the U.S. still earn less than…
Read MoreHow to Leverage Your Workforce Data to Meet DEI Goals
Data is key to uncovering and resolving workplace issues around diversity, equity, and inclusion (DEI). A recent Harvard Business Review article dives into how organizations can leverage their data to increase equality in the workplace. The article focuses on a white paper officially titled Goals and Targets for Diversity, Equity, and Inclusion and identifies four…
Read MoreAn Employer’s Guide to Navigating the DEI&A Landscape
With the landscape around diversity, equity, inclusion, and access (DEI&A) continuing to evolve, employers need to be aware of what their responsibilities are for ensuring a safe, discrimination-free work environment for their staff. Before diving into the different nuances regarding the growing legislation driving employers to foster equitable work environments, it would be best to…
Read MoreHow Employers Can Turn Pay Data Reporting into a Better Business
From Risk to Opportunity: How Employers Can Turn Pay Data Reporting into a Better Business Workforce data is the fuel that powers engines of innovation and growth in the 21st century. Just as crude oil must be distilled in order to make gasoline, workforce data must be wrangled, segmented, and cleaned in order to maximize…
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