In this great video below, Lauri Reesor of Hicks Morley, discusses how organizations need to ensure they are maintaining Pay Equity and the risks involved in putting it off until later. Adding to what Lauri discusses in the video, we believe that Pay Equity should not be “revisited” every few years, but should become part of the hiring and annual compensation review in your organization. Our Compensation Tool (hcicompensationtool.com) helps you evaluate new Jobs and ensures they are in compliance with your Pay Equity Plan. As Laurie discussed, putting off the maintenance of your Pay Equity plan can have serious financial implications down the road.
Pay Equity Maintenance – Video
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