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Trump’s anti-DEI priorities may cause confusion for comp pros, but equal pay is still the law
Some executive orders touch upon employers’ pay practices, but don’t change their obligations to monitor pay discrimination in the workplace.
Pay Equity
Master compensation and benefits. Stay updated on Pay Equity trends, strategies, and industry benchmarks with HR Brew.
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Two factors account for most of the gender pay gap. Here’s what HR can do about them.
While women switch jobs at a similar frequency to men, they take career breaks more often, and for longer periods of time, a recent report from the McKinsey Global Institute finds.
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A ‘pay philosophy’ can help HR resolve pay inequities in the workplace
“It’s the general idea of where labor costs fit in the budget, what priority they have, what types of behavior we want to reward with pay,” Heather Bussing, employment lawyer and author, tells HR Brew.
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First comes pay transparency. Next comes pay equity.
Employers are starting to develop strategies to address pay equity, and in some cases are budgeting for raises to address compensation gaps within their workforces, recent surveys suggest.
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A widening gender wage gap shows pay transparency isn’t yet working as intended
Full-time working women earned 83% of what men earned in 2023, the first statistically significant annual decline since 2003.
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LGBTQ+ workers are paid 16% less than their peers, study finds
They also continue to face discrimination in the workplace, even as advocates call for change.
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Just 36% of managers have received pay equity training, survey finds
The majority of HR pros surveyed by SHRM say they conduct regular audits to identify pay gaps, but that alone is not enough to resolve inequities.
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From recruiting and retention to company culture and the latest in HR tech, HR Brew delivers up-to-date industry news and tips to help HR pros stay nimble in today’s fast-changing business environment.
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