Trusaic
JUNE 14, 2021
HBR writes that companies may be tempted to manipulate it to paint a picture more to their liking if the data reveal problems; that is, to create “vanity metrics.” Are diversity metrics uniform across different departments? Are incentives and compensation tied to D&I goals? Are diversity metrics shared with all employees?”.
Trusaic
FEBRUARY 14, 2022
Simply put, a pay gap refers to a difference in compensation between two classes of individuals: a reference class, which is a member of the highest-paid group, and an individual from a group compensated less. What are Pay Gaps? Pay gaps don’t necessarily mean you have a pay equity problem though.
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Trusaic
JUNE 7, 2021
House of Representatives, the Subcommittee on Diversity and Inclusion held a virtual hearing entitled, “Closing the Racial and Gender Wealth Gap Through Compensation Equity.” To find out more, download our white paper, DEI in ESG Reporting , and consider undergoing a comprehensive Equal Pay Risk Assessment.
Trusaic
AUGUST 18, 2021
Disclosure of employee compensation data. While the company leads diversity and inclusion efforts in some areas, it lags in others, and could further move the needle on its commitments to DEI by releasing its employee compensation information. . Organizations that do so are also more successful in making their DEI goals a reality.
UKG
MARCH 10, 2023
One of the major obstacles is that many organizations lack transparency around their own compensation practices. Mountains of research conclude unconscious biases often impact hiring, compensation, performance and promotion decisions, perpetuating gender and racial pay gaps.
UKG
MARCH 10, 2023
One of the major obstacles is that many organizations lack transparency around their own compensation practices. Mountains of research conclude unconscious biases often impact hiring, compensation, performance and promotion decisions, perpetuating gender and racial pay gaps.
Trusaic
MAY 26, 2021
As workforces become more globalized and complex, a more data-driven approach to compensation fairness makes more and more sense. . ESG metrics for analyzing corporate practices were adopted by over 60 top business leaders across multiple industries in January 2021. DEI offers a lens for assessing how workforces function.
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