Pay equity has moved from a compliance checkbox to a C-suite priority and has surfaced to be a critical topic. With state-level pay transparency laws expanding, federal enforcement priorities shifting, and employees more vocal than ever about fair compensation, US employers are under mounting pressure to get this right. This course is built specifically for the professionals on the front lines of pay decisions- HR practitioners who manage employee relations and hiring, compensation leaders who design and govern pay structures, and payroll managers who execute and administer pay accurately and consistently. In this session, we'll clear up common misconceptions about what pay equity actually means and what a pay equity audit involves, then walk through the legal landscape, the mechanics of a statistically sound audit, and the remediation strategies that hold up under scrutiny. Whether you're just starting your pay equity journey or refining an existing program, this session will give you the skills and clarity to move forward with confidence. We will provide you with the latest legal and regulatory developments across states, the risks of inaction from litigation to talent attrition, and strategies HR and compensation leaders can use to close unexplained gaps and build a transparent pay structure.
What You'll Learn:Pay Equity Basics- Introduction to Pay Equity: Adjusted vs. Unadjusted Pay Gaps
- Importance of Performing Proactive Pay Equity Audits
- Examples of External Disclosures on Pay Equity
Legal Landscape: Us and Global Developments- Us Landscape: Federal and State Requirements Shaping Pay Equity Assessments
- Global Landscape: International Developments in Pay Equity Regulation
- Benefits of Performing a Proactive Pay Equity Audit.
- Key Legal Risks to Manage
Key Elements of a Successful Pay Equity Audit- Overview of How a Pay Equity Audit Is Conducted
- Availability of Tools and Pitfalls to Avoid
Best Practices in Pay Equity- Best Practices in Pay Equity
- Recap on Opportunities of Performing Proactive Pay Equity Audits
- Ongoing Monitoring of Pay Equity Results (Discussion of How Human Capital Challenges and Evolutions in the Labor Market Impact Pay Equity)