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Harnessing the Power of Pay Comparisons to Drive Productivity?

Compensation Cafe

I'm a long-time proponent of pay process transparency , but have been skeptical of publishing employee-level data. The fact that our behavior is shaped by the constant comparisons we make between ourselves and those in our reference group has been well established in sociology, psychology and economics. With respect to differences in compensation, much of the research has focused on how these differences lead to feelings of discontent and envy.

EEO-1 Component 2 Pay Data Analysis

Biddle Consulting

Despite resistance from the employer community, EEO-1 “Component 2” compensation reporting requirements will most likely be upheld by federal courts. External Pay Equity: The OFCCP will measure pay equity between companies; specifically, they will compare a company’s EEO-1 Pay Data against others in the relevant business sector. The OFCCP is less clear on their strategy to measure external pay equity with the EEO-1 pay data.

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What is Compensation Management?

Zenefits

One of the main benefits of a good compensation management system is pay equity, but there are ample other benefits, like aiding in budget creation, attracting recruits, reducing turnover, and more. It’s important for business owners and HR leaders to know how compensation management works, the benefits, and what to consider before investing in an appropriate system. . What is compensation management? What are the objectives of compensation management?

Gender Pay Gap and People Analytics: A Practice with Open Data

Littal Shemer

Gender Pay Gap and People Analytics: A Practice with Open Data. However, one issue remained unsolved for years: The lack of open HR data to practice on. Although there are many inspiring case studies of People Analytics, obviously, organizations don’t share their people data for the sake of learning. Simulation-based data may be an alternative, though usually it is oversimplified and lacks real or interesting patterns to explore. . A Practice with Open Data.

Justify a Job Offer’s Salary with Data

Visier - Talent Acquisition

Candidates are approaching job offer negotiations with unprecedented levels of insight and confidence: The US unemployment rate has reached a historic low, and individuals now have instant access to compensation data via websites like Glassdoor and Salary.com. Emotionally-driven salary decisions can also generate legal and reputational risks associated with pay discrimination. Justifying Pay: External Data is Not Enough. Using Data to Drive Up Offer Acceptance Rates.

What Other Employers Can Learn From Uber: Recognizing and Combating Sexism in the Workplace

Compensation Today

Start with a gender earnings comparison – through a compensation analytics tool or via spreadsheet – to see if there are any uncovered pay inequities in your organization. This may also be one of the toughest examples of workplace sexism to call out and resolve – it’s not data-centric and it’s (hopefully) rarely intentional. HR Management gender discrimination gender pay gap sexual harassment

Diversity, Inclusion and The Workplace

HR Counselor's Corner

In comparison, diversity refers to the traits and characteristics that make people unique. The Equal Employment Opportunity Commission (EEOC) enforces laws for employers that protects individual employees in the workplace based on specified social classes that may face discrimination.

Cultural Change: An Update on Workforce Diversity

Inpower Coaching

As I’ve begun to explore the interpersonal dynamics of workplace discrimination more closely, I have gone back to update my own understanding of workforce diversity data and what it tells us about the the demographic makeup of the modern workforce. What most of us don’t see , however, is that all humans engage in unconscious bias, which can underlie discrimination if our biases are not consciously redirected. In fact only 3% of Fortune 500 companies publish diversity data.

How Gender Pay Gap Affects Your Business

Vantage Circle

Every woman needs to know when she's being discriminated against and what the reasons are why she isn't getting equal pay so we can close that pay gap. more in comparison to women. Direct discrimination based on sexual orientation.

Regulatory Rundown: HR Pros Should Be Ready to Act on 3 Compliance Rules

Oracle HCM - Modern HR in the Cloud

Although that’s an honorable goal, the government’s approach will pass on heavy administrative burdens for companies, specifically for companies’ compensation professionals. The regulatory requirements for employers will continue to expand as these agencies seek to uncover potential compensation disparities by continually raising the burden of compliance. The additional data will be used, as the EEOC notice states , to “identify and combat pay discrimination.”

How to Use People Analytics and Recognition to Strengthen Culture

Bonusly

Data and analytics are the next big thing in HR, but do you really know how to implement your findings in meaningful ways? When we spoke with people analytics thought leader Lisa Donchak of the Wharton School, she explained, “Even 15-20 years ago, there were very few institutions rigorously collecting this data about anything, much less about their employees or who they might want to hire.”. What’s the big deal about data? But raw data is meaningless. Collect data.

Pay Fairly All Year Long

Compensation Today

Mykkah Herner, MA, CCP, Modern Compensation Evangelist, PayScale Now that we’re heading into May and Equal Pay Day is behind us, it is crucial to remember that the most important parts of our compensation efforts are our people, having engaging and transparent conversations, accomplishing what we set out to do, and ultimately, paying fairly. I was preparing a slide deck to use in an upcoming training about modern compensation, searching for an image for CEO.

Pros and Cons of Labor Unions

MapHR

READ: 9 Key Tactics for Successful Union Negotiations Unions – Current Statistics That latest data concerning union membership is from 2017 and was released by the U.S. In 1983, the first year for which comparable union data are available, the union membership rate was 20.1

401(k) Nondiscrimination Testing: A Simple Guide for Improving Your Results

ForUsAll

Nondiscrimination Testing: confirms that your company’s 401(k) does not discriminate in favor of highly-compensated employees. Favoring HCEs is called “discriminating,” and a series of annual tests are required to make sure that the plan is not discriminating.

ADP 75

Philadelphia Employers Prohibited From Asking About Salary History

Zenefits

With this ruling, the Third Circuit agreed that the city made a well-reasoned judgment based on a ‘plethora of evidence’ that banning wage history inquiries would prevent the further perpetuation of gender and race discrimination in wages.”. It forbids employers from considering a worker’s past wages and compensation in determining an offer of compensation.

Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

A few other notes: This is organic (not total) traffic — We’re using ahref’s measurement of organic traffic because we find it to be the best apples-to-apples comparison of traffic to HR blog pages. Benefits and Compensation. Compensation and Benefits.

Book Review: Applied Psychology in Talent Management (8th ed.) by Wayne Cascio and Herman Aguinis

Workplace Psychology

At the beginning of the book, the authors provided this confusing definition of adverse impact: “Adverse impact (unintentional) discrimination occurs when identical standards or procedures are applied to everyone, even though they lead to a substantial difference in employment outcomes (e.g.,