Posts Tagged ‘Pay Gap’
What 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…
Read MoreGap Between ESG Efforts & Expectations Becoming More Apparent
Companies today should be aware that their employees, customers, and shareholders are increasingly having “trust issues” with them. These organizations could face strong consequences from “talking the talk but not walking the walk” with regard to environmental, social, and governance (ESG) criteria. For example, while 80% of the U.S. population want companies to help solve…
Read MoreDEI Update: Nasdaq Seeks to Adopt Board Diversity Rule
3 minute read In an effort to bring greater diversity to U.S. corporations, Nasdaq, Inc.. is “pushing to require the thousands of companies listed on its stock exchange to include women, racial minorities, and LGBT individuals on their boards,” said the Wall Street Journal, adding that Nasdaq has “filed a proposal with the Securities and…
Read MoreGeorgia Results May Have Impact on Federal Pay Equity Law
2 minute read Federal pay equity legislation took another step toward becoming reality after the victories of two Democrats in the January 5 Senate runoff election in Georgia. Democrats will soon hold a slim edge in the Senate, and according to Bloomberg, this will open a new path for workplace-related bills, including those related to…
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