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Confronting the Pay Equity Gap: Identifying and Resolving Issues of Unequal Pay

Decusoft

But when there’s a bias or even discrimination in compensation practices, there’s a disruption of the talent pool that can lead to disengagement, lower productivity and financial losses. Pay equity is the idea that employees will be compensated at the same level when they perform the same or similar jobs. Women earn $0.69 The Causes

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Should I Give Employees a Total Compensation Statement?

Zenefits

A growing number of employers are giving their employees total compensation statements, also known as total rewards statements. What is a total compensation statement? A total compensation statement is a document that shows an employee’s total compensation /rewards for the year. Salary, or hourly wages.

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How to Advance Your Career in HR

HR Digest

They manage employee relations, recruit new employees, train them, and provide benefits. The Bureau of Labor Statistics predicts a 5% HR career growth rate between 2010 and 2020. However, many experts recommend combining your education with vocational training and practical experiences. Education Requirements . Job Outlook .

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Confronting the Pay Equity Gap: Identifying and Resolving Issues of Unequal Pay

Decusoft

But when there’s a bias or even discrimination in compensation practices, there’s a disruption of the talent pool that can lead to disengagement, lower productivity and financial losses. Pay equity is the idea that employees will be compensated at the same level when they perform the same or similar jobs. Women earn $0.69 The Causes

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Most Important Developments for 9/23

GetFive

He made little headway submitting his CV online. Compensation data and software firm Payscale’s Top Jobs and Skills in HR Wage Report analyzed salary profiles completed between July 2021 and July 2022 by 37,859 HR professionals throughout the U.S. The M.I.D. , “I told them I’m not overqualified. .

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California’s Overtime Law Would Eventually Raise Salary Beyond FLSA Rule

Compensation Today

The California rule mandates a monthly salary for exempt employees that is either $3,956 or double the minimum wage (currently $10.50 an hour ), whichever is higher. California’s minimum wage is set to expand to $12 per hour in 2019 , which means that salaries would then be higher than under the blocked FLSA rule.

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How SMBs Can Start Closing the Pay Gap Now

Zenefits

No employer expects to pay every employee the same wage. Job type, job title, skills, education, credentials, training, experience, and even geography factor into pay differences. But when employers pay workers with the same or similar qualifications stark differences in wages, they’re likely engaging in discriminatory pay practices.