2. The Problem of Unfair Pay and Why It Matters
When we start to ask, “What problem are we trying to solve?” it quickly becomes clear that it’s not just pay. Pay gaps and inequities are a symptom of a larger issue, which is bias and, in some cases, discrimination.
Pay Equity Is About More Than Money
Pay equity is only partly about pay. And a lot of what is about pay is also about other essential aspects of running an organization. Compensation is the heart of a company’s relationship with its employees. As a result, it has an impact on every area of the HR department. Here are some of the key places where compensation can affect what happens.
Recruitment and Talent Acquisition: Compensation can impact an organization’s ability to attract and ...
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