Companies are likely leaving themselves open to expensive penalties and lawsuits based on their pay equity practices, according to a new report from workplace equity technology company Trusaic. The research from the “2024 State of Pay Equity Policies and Practices” survey sheds fresh light on how organizations are handling pay equity and the emerging risks they face. It also highlights practical steps to bring fairness to all forms of compensation. The study is a joint project of Trusaic and Empsight, a leading provider of specialized compensation data for Fortune 1000 and large multinational companies.