As employers prioritize diversity and inclusion, equitable employee compensation across race, gender, and other protected characteristics is vital. However, the growing number of state and local laws aimed at reducing pay disparities adds complexity and risk. Failing to address pay inequities can lead to legal consequences, turnover, and low morale. Pay equity audits provide a valuable solution by systematically evaluating employee compensation and identifying unjustified disparities, allowing employers to take corrective actions.
Download our guide to discover 7 major steps to conduct pay equity audits. It guides you in identifying goals, selecting the right tools, and taking necessary corrective actions to foster a fair workplace while mitigating risks.