In a privileged context, Littler’s Pay Equity Assessment can assist employers of all sizes – from organizations operating in one state to multi-national corporations – with their pay equity needs.
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The Challenge
Employers today are increasingly focused on pay equity as part of their broader workplace equality initiatives. Yet even as they pursue this well-intentioned goal, they are contending with mounting pressures from the public, employees, regulators and other stakeholders.
With ongoing attention to pay equity and transparency in the workplace, companies face greater reputational risk if their compensation structures result in them paying certain groups less for the same or substantially similar work – not to mention potentially costly fair pay lawsuits. Meanwhile, regulators from across the world – including the European Union, Asia-Pacific, Brazil, Puerto Rico and any number of U.S. states and cities – are increasingly adopting laws intended to close pay gaps and foster greater pay transparency, placing new, multi-jurisdictional compliance burdens on employers. And in the current labor market, employees themselves have become more empowered to request compensation data.
As pay equity reaches more C-suite and board meeting agendas, HR and legal teams are often called upon for quick answers, with serious ramifications for companies and their executives that can come with getting this important issue wrong. But conducting...
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