Pay equity is a hot topic inside most organizations and for very good reasons. Socially, it’s the right thing to do and it’s also good for business. That’s why it is imperative organizations get a grasp on pay equity gaps to minimize risk of losing top talent and tarnishing the brand reputation.
Understanding if pay inequity exists inside your organization is challenging. Conducting a pay equity analysis is one way to comprehend any pay disparity. A pay equity analysis can help:
- Build employee trust and engagement
- Hire and retain top talent
- Save money
Join Payscale’s Becky Wood, Director of Applied Analytics Services, and Tammi Lynd, Account Executive, in a discussion about the why, who, how, and when of conducting a pay equity analysis. Learn what pay equity looks like in 2021 and the tools you need to analyze the pay equity position at your organization.