In a recent article, World-at-work set the spotlight on Reykjavík Energy and their pay equity work. Pay equity has been top-of-mind for Reykjavik Energy for quite some time, even before the topic was regularly making headlines.
Our newsletter covers topics like pay equity, compensation & benefits, DEI (diversity, equity and inclusion) and legislation changes as well as news on our company and software updates.
In addition to gender, pay gaps can be based on race, nationality, LGBTQ+ identity, or any other demographic factors. It’s important to know how to measure these pay gaps at your organization. Here, we discuss two measurement methods: mean/median calculation and regression analysis.
Just a few years ago, pay questions from your boards would’ve been reasonably straightforward: Did we conduct a pay equity study? What were the results? Now, they want more detailed information about results, best practices and benchmarks, and strategic plans. We explore how to address those questions in this article.
Consider this your quick-start guide to the EU Pay Transparency Directive. In this article, you'll learn more about what the Directive is, how it protects employees from pay discrimination, who it applies to, its pay transparency and pay equity requirements, equal pay for work of equal value, and other key concepts.
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?