How to Identify — and Fix — Pay Inequality at Your Company
Companies who say they care about inclusion and belonging can start by paying employees fairly. To start, initiate a pay equity audit in which you compare the pay of employees doing “like for like” work (accounting for reasonable differentials, such as work experience, credentials and job performance) and investigate the causes of any pay differences that cannot be justified. Next, determine how you’ll remediate … [ Read more ]
Content: Article | Author: Amii Barnard-Bahn | Source: Harvard Business Review | Subjects: Compensation, Diversity, Human Resources