Posts Tagged ‘pay transparency’
Colorado 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…
Read MoreWhy the Next Equal Pay Case Matters to Every Employer
In May 2023, 2,000 employees of UK retailer Next plc, won the second stage of their equal pay claim. In the second stage of the Next equal pay case, an employment tribunal ruling agreed that the work of its predominantly female sales consultants was of equal value to warehouse jobs occupied by mainly male workers. …
Read MoreJuneteenth: An Ongoing Journey to Freedom & Equality
On June 19th, 1865, Union Major General Gordon Granger informed enslaved African Americans in Texas that they were free. Today, Juneteenth is a culturally significant day in African American history and was officially declared a federal holiday by President Biden in 2021. Here’s our brief guide to Juneteenth, and its ongoing impact on freedom and…
Read MorePay Equity Legislation Changes You Need to Be on Top Of
Pay equity legislation has been advancing at a rapid pace. After years of lamenting the unfortunate gap between male and female employees working in similar jobs or in jobs with similar requirements with little observable change, state legislatures have been stepping up to require employers to document and report on their pay practices, an important…
Read More7 Metrics for Monitoring the Effectiveness of DEI Initiatives
Pay equity and pay disparity have achieved prominence in recent years following the recognition that, despite years of attention, inequities continue to exist—especially among women and people of color (POC). The intersectionality of pay equity and DEI (diversity, equity, and inclusion) represents the recognition that pay disparities such as wage gaps are influenced not only…
Read MoreUK Ethnicity Pay Gap Reporting: What It Means for Employers
In April 2023, the UK government published new guidance for employers on how to measure, report on and address ethnicity pay differences within their organizations. Here we consider how to collect, track, and analyze ethnicity data for companies which voluntarily publish ethnicity pay gap reports. What is the purpose of collecting ethnicity data? Ethnicity pay…
Read MorePay Equity is the Key to Achieving the “S” in ESG
Corporate Social Responsibility (CSR) and Environmental, Social and Governance (ESG) reporting have become vital considerations for employers. But rather than seeing the requirements as an additional reporting burden or a distraction, a focus on the “S” in ESG can have a positive impact on financial performance and brand reputation. S in ESG relates to the…
Read MoreEEOC Title VII: What It Means for AI & Pay Equity Compliance
Employers that use AI and automated systems such as pay equity software to streamline workplace processes have received a stark reminder about potential employment discrimination violations. On May 18th, the EEOC released a technical assistance document outlining the application of Title VII of the Civil Rights Act of 1964 to automated systems incorporating artificial intelligence…
Read MoreIs the EU Pay Transparency Directive the Future for US Pay Equity?
On April 24th, 2023, the Council of the European Union formally adopted the EU Pay Transparency and Pay Reporting Directive, following its approval by the European Parliament on March 30th. Its key aim is to close the gender pay gap by introducing some of the most stringent and comprehensive pay transparency laws to date. The…
Read MorePay Equity and Transparency Matters to Employees
According to a report from The Josh Bersin Co., communicating clearly about pay equity is nearly 13 times as important for employee retention and engagement as talking about “high levels of pay and benefits.” Equity Matters More Than High Pay and Great Benefits Provided with a list of 84 employee experience strategies, respondents ranked “fair…
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