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This summer, Ireland implemented a far-reaching pay equity legislation, the Gender Pay Gap Information Act 2021. This legislation requires employers to begin reporting on their gender pay gaps. Companies will need to report differences in the mean and median pay between male and female employees. And if there’s a pay disparity, the company will need to provide a written explanation for it and outline any steps planned to close the gap.
As pay transparency laws continue to gain traction across the US, California employers are getting ready to comply with the state’s new pay reporting and pay disclosure law. It was signed by Governor Newsom on September 27, 2022.
PayAnalytics looks back on a productive 2022. We rolled out several new features to support customers on their pay equity journeys, and we celebrated big milestones for several of our customers. In addition, our team presented at conferences and published their research to promote pay equity worldwide.
Companies hiring in New York City have been changing the way they advertise job openings in response to the new pay transparency law. The New York City pay transparency law's effective date was November 1, 2022, and since then, companies with four or more employees must post the pay range for every job posting. The law covers all NYC-based companies. It also covers companies beyond city limits posting remote jobs that may be filled by NYC-based workers.
It’s becoming more urgent for companies to take action on pay equity. This shift is driven by new legislation and by increased awareness on the part of both consumers and employees. You can begin your journey by collecting employee data, grouping similar employees, and running a pay equity analysis. This article tells you how.
People analytics tools have the potential to improve pay equity, yet they can also deepen existing bias. This article outlines a four-step process to help organizations avoid this pitfall and become bias-aware.
Demographic pay gaps are a growing issue today as organizations and governments seek solutions to guarantee equal pay. Two concepts are regularly called "the pay gap." What is the difference between the adjusted and the unadjusted pay gap?
PayAnalytics bauð fyrirtækjum að fræðast um og taka þátt í samtali um jafnlaunamál. Við ræddum jafnlaunaumhverfið á Íslandi og leitast var eftir því að svara spurningum um jafnlaunamál. Viðburðurinn fór fram 9. nóvember 2022 í Grósku.
At PayAnalytics, we often talk about equal pay for work of equal value. Canada’s Pay Equity Act, implemented August 2021, takes a unique approach to achieving this objective. Typically, pay equity requirements focus on how men and women doing similar jobs are paid, but Canada now focuses on the value of the job to the employer.
The 2022 German HR Management Prizes (Personalwirtschaftspreis) were awarded in Cologne at the beginning of September. Allianz, a global insurance company based in Germany, won the first prize in the HR Tech and Digital category for its global approach to closing the equal pay gap globally. This project ensures equal pay for over 100,000 employees in more than 70 countries, meaning that at Allianz insurance companies women and men are paid equally for equal or comparable work.
Last week, our founders David Anderson and Margret Bjarnadottir presented their academic work at the WorldatWork Workplace Equity Forum 2022 in Austin, Texas.
We are very excited to announce that PayAnalytics has won the Nordic Fintech Impact Award! The win was announced on September 27 during this year’s annual Nordic Fintech Week.