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Value-based comparison
See the True Value of Jobs With Value-based Comparison
Value-based Comparison focuses on comparing dissimilar jobs, a practice that’s in line with “equal pay for work of equal value”. Jobs that may have been systemically undervalued are, as a result, evaluated in the light of day.
Compensation Analysis based on Value
Value-based Comparison is a different type of pay equity analysis: It's focused on comparing groups, rather than individuals. This type of analysis enables you to make meaningful comparisons among jobs that are different in nature but similar in value.
Equal pay for work of equal value is a legislative requirement in some countries and regions; we offer presets for Value-based Comparison to streamline compliance with those regulations.
How Value-based Comparison works
Comparing groups based on value can help you answer these questions:
- Are female-predominant groups lower paid than equally valued male-predominant groups?
- Can you find groups with higher pay but lower value?
- Based on aggregation (e.g. average or regression line) is there a difference in pay based on value?
Deep Dive into Pay Differences
If your analysis reveals any discrepancies—like maintenance workers that are underpaid relative to office administrators—you can drill down to investigate. Once you’ve done so, easily document the explanation you uncover.
When ready, you can export your Value-based Comparison results to Word for easy sharing.
Recommended Resources
Norway — Pay equity analysis and reporting
In Norway, annual and biannual pay equity analyses are mandated, specifically targeting gender pay equity. These analyses entail reports comprising metric-driven gender equality summaries and comprehensive pay gap assessments. We delineate the prerequisites and elucidate how PayAnalytics can provide support on our resource page.