PayParity® is the world’s premier software solution for conducting a pay equity audit across your workforce at the intersection of gender, race/ethnicity, age, disability and more in one statistical regression analysis. By offering an all-encompassing view of your workforce’s compensation, PayParity not only identifies pay inequities but also uncovers their root causes. This invaluable insight empowers you to proactively address and prevent pay inequity, setting the gold standard for fairness. PayParity is GDPR compliant and SOC 2 Type II certified.
Ensuring pay equity is a legal imperative. The past few years have seen pay equity regulations and legislation expanding around the world. Increased legislation means increased compliance and reporting activities for businesses.
Employers also have an ethical obligation to ensure their employees are paid fairly. Pay equity is an important part of attracting and retaining top talent in a competitive labor market.
PayParity by Trusaic helps you find and fix pay disparities at your company now and forever. Your HR data links with our pay equity software technology, analytics and expert support so you can do your own pay equity audits in real time, any time, without sacrificing attorney-client privilege.
Our audits go wide and deep – way beyond pay gap reports. With our technology, you can see pay disparities company wide by geography, department and individual employees. Additionally, you can analyze pay in multiple demographics combined, such as gender, race, ethnicity, disability and sexual orientation – all in one analysis and on-demand.
Additionally, our software solution:
Resolve pay disparities
Stop pay inequity
Ensure workforce equity
For confident compliance
Once you are on track, stay on track and prevent pay inequities with our Salary Range Finder feature. The tool provides users with suggested pay ranges for every job posting that can be segmented by region to account for geographic pay differentials, which makes them competitive on the outside and fair on the inside. Salary Range Finder makes it easy to comply with the expansive pay transparency legislation in the U.S., Canada, Brazil and Europe.
Features of Salary Range Finder:
Together you can make sure the compensation amount you’re offering to outside candidates is equitable in relation to other employees within your organization doing comparable work, as well as making sure you’re remaining competitive relative to market rates for the position.
The best way to achieve pay equity at your organization is to proactively prevent pay inequities from the point of hire. With the Salary Range Finder, you’re communicating to your employees, stakeholders, prospects, clients, and the whole world that you’re committed to pay equity.
Learn MoreThe European Union Pay Transparency Directive requires organizations to measure, correct and report on pay gaps within groups of employees. When running analyses with Trusaic’s pay equity software, you can easily identify areas where targeted raises will close pay gaps on a per-group basis to ensure compliance with the legislation without creating issues in other jurisdictions.
Trusaic is GDPR compliant and can assist any organization in meeting its obligations under both the EU Corporate Sustainability Reporting Directive and EU Pay Transparency directive.
Learn MoreYou can ensure consistent workplace diversity and equity by leveraging our OpportunityParity™ tool, which provides hiring, promotion, retention, and opportunity analytics to keep you ahead of potential inequities.
OpportunityParity is your comprehensive solution for identifying and addressing equity issues within your organization’s promotion, hiring, and transition processes. Built upon the affirmative action principles defined by the OFCCP, OpportunityParity empowers you to ensure fairness and inclusivity at every stage of your talent lifecycle.
Learn MoreNavigating the intricacies of global pay data reporting can be daunting, with diverse deadlines, thresholds, and regulations to manage. Trusaic offers a comprehensive solution to streamline and ensure precision in reporting across jurisdictions globally.
Our workplace equity software is equipped to help organizations all over the world achieve workplace equity. Our software also has built-in features that will help you comply with international pay equity laws, such as Canada’s Pay Equity Act of 2018 and Pay Equity Regulations, and Ireland’s Gender Pay Gap Information Act of 2021, and the European Union’s Pay Transparency Directive at the click of a button.
With our Workplace Equity Product Suite you will stay ahead of global pay data reporting requirements with analytics that give you greater visibility and insight into your employee pay data. Our proactive equal pay risk assessment can identify potential pay discrimination, differences in overtime participation and discrepancies in job category representation to make you aware of potential issues before you file.
Our software combined with our team of experts at Trusaic will help you analyze, prepare, and file your pay data with a comprehensive gap analysis, pay gap significance test, wage distribution analysis and equal pay risk assessment.
Learn MoreFast and secure data retrieval is key for conducting pay equity audits. PayParity software integrates seamlessly with leading global human resource information systems (HRIS) and Trusaic partners Workday, SAP, UKG and ADP.
PayParity was built with the user experience in mind, which is why the software is easy to navigate, efficient, accessible and intuitive. After purchase, our expert team will assist with implementation to ensure the software is customized to fit your needs.
You’ll learn how to analyze and interpret the data to formulate actionable strategies for your organization. Alongside the software is on-demand customer support from the team at Trusaic to ensure any questions you might have during your pay equity journey are answered.
Trusaic’s PayParity software has saved our clients millions of dollars over the years while helping them achieve pay equity at their organizations.
PayParity software is EDGE certified, an independent third party that recognizes organizations for their workplace equity efforts. Our software is also certified by the Fair Pay Innovation Lab. This means using PayParity will ensure your pay equity practices are compliant and defensible.
Trusaic’s PayParity provides secure single sign-on capabilities through identity access management systems like Okta, bolstered by SOC 2 compliance and annual penetration testing. To ensure global data compliance, we employ recognized frameworks for international data transfers, facilitating seamless and secure cross-border data flows.
You can purchase PayParity by connecting with a Trusaic representative. Learn more by scheduling an appointment or by filling out a contact form and start your journey to achieving pay equity today.
PayParity conducts a pay equity audit across your workforce at the intersections of gender, race/ethnicity, age, disability, and more in one statistical regression analysis. This comprehensive view provides complete visibility into your organization’s compensation.
The pay equity platform identifies instances of pay inequity. It pinpoints the root causes driving the issues. PayParity allows you to address the causes of inequitable pay, not just the symptoms.
How does the Salary Range Finder work? ExpandThe Salary Range Finder retrieves internal pay equity audit data and overlays it against external labor market data provided by industry-leader LightcastTM. The software solution then generates an equitable salary range for a desired job and the relevant geographical location.
Salary Range Finder is the perfect tool for helping Total Rewards, Compensation, HR, and Recruiting professionals share equitable salary ranges to job postings, as required by various state pay transparency laws.
Can Salary Range Finder help me determine pay ranges for job postings? ExpandYes. The Salary Range Finder helps HR and compensation professionals identify equitable salary ranges for job listings. By using both internal pay equity audit data and external labor market data, the Salary Range Finder can generate an internally and externally equitable salary range for all jobs.
Organizations are encouraged to use the Salary Range Finder before sharing salary ranges in job postings, as it can help employers ensure equitable pay ranges and prevent pay inequity across its workforce and not just for new hires.
How does PayParity ensure attorney-client privilege? ExpandYou don’t have to sacrifice attorney-client privilege when using pay equity software. To ensure you’re protected, we work with your counsel to maintain attorney-client privilege. Unlike consulting firms which may only be covered by a standard non-disclosure agreement, attorney-client privilege minimizes mandatory disclosure risk.
Does PayParity work for global organizations? ExpandYes. PayParity is equipped to help organizations all over the world achieve pay equity. In addition, our software can help organizations comply with international pay equity laws, such as the United Kingdom’s Equality Act of 2010 Regulations 2017, Canada’s Pay Equity Act of 2018 and Pay Equity Regulations, and Ireland’s Gender Pay Gap Information Act 2021.
Is PayParity GDPR compliant? ExpandPayParity maintains a comprehensive information security program which contains administrative, technical, and physical safeguards to secure your data, consistent with all applicable data protection laws, including but not limited to GDPR, applicable federal and state law, including, but not limited to, the California Consumer Privacy Act, as amended by the California Privacy Act. In addition, we are SOC 2 Type II certified.
Can PayParity integrate with my identity management system? ExpandYes. PayParity allows for single sign-on through identity access management systems like Okta®. You can be confident your data is secure.
Can PayParity help ensure we pass our OFCCP audit? ExpandPayParity allows for unlimited pay equity analyses to be run enabling you to create unique projects tailored to your audience. Create projects that support your Affirmative Action Plans and EEO-1 reporting. PayParity allows you to understand your workforce demographics, compensation, demonstrate fair pay and meet all of your federal contractor reporting requirements.
What is EDGE certification? ExpandEDGE certification is proof your organization has achieved pay equity. When you become EDGE certified, your workforce data is audited and verified by an independent third-party. EDGE offers three tiers of certification to show your commitment to an impactful plan, show proof that your organization has achieved pay equity and/or other workplace equity metrics, or show your achievement of global standards. The EDGE certification is an opportunity for organizations to obtain unmatched recognition for their workplace equity efforts.