Pay Transparency: One Tool in the Toolbox Toward Achieving Pay Equity
06-January-2025 :01:00 PM EST Duration : 60 Minutes
This course, has been approved for 1 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®).
Pay transparency is the practice of openly and proactively sharing information on organizational compensation practices, including pay rates for specific positions, pay increases, bonuses or commission structures, benefits, retirement plans, or any other specifics about pay. Pay transparency is a major step toward achieving pay equity.
Signed into law in 2018 as an update to the decades-old Equal Pay Act, lawmakers revisited the Equal Pay and Opportunities Act in 2022. Changes to the law went into effect January 1, 2023, requiring business that employ at least 15 people to make a salary range and description of benefits and other compensation part of all job postings. Additionally, equal pay laws exist in nearly every state, but laws that require companies to provide pay transparency are still a new trend.
Why Should You Attend:
While there is plenty of research out there about the advantages and disadvantages of pay transparency, stories of organizations that have successfully embraced it are much harder to find. With conversations around pay transparency heating up due to new legislation on both the Federal and State levels, inaction is no longer an option. This webinar addresses ways in which employers can implement pay transparency into their workplaces to encourage greater employee productivity and improvement.
Course Outline:
• What is pay transparency?
• The Equal Pay and Opportunities Act
• 5 steps to better pay transparency
• Determining what pay transparency looks like in your organization
• Understanding the Pay Transparency Spectrum
• Conducting a pay analysis to identify pay discrepancies
• Ways in which pay transparency can benefit your organization
• Possible challenges with pay transparency
• Top reasons why employers don’t offer salary transparency
What You Get:
• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
• Senior Leadership
• HR professionals
• Compensation Professionals
• Operations Professionals
• Managers and Supervisors
• Employees
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
