HR Hot Topic: Pay Equity
, Human Resource Management
1.50 HR Credits
The Equal Pay Act was passed in 1963, yet a 2020 report by hired. com found that 63 percent of men receive higher salaries than women performing the same job.
Course Description:
This course explores the requirements for internal and external equity in the workplace. In this course, learners will read about the gender wage gap, federal laws regarding compensation, pay transparency, and other components of the deeply nuanced subject. Pay equity has a long history that can be seen through the progression of laws, as well as the social acceptance of pay transparency. The course includes two case studies that will put the learner in a "hands-on" situation regarding pay equity through a pay audit.
What You’ll Learn:
- Explain how equitable and competitive pay attracts and retains top talent
- Compare different researching methods used to collect data on internal and external pay equity
- Cite causes and examples of pay disparities
- Explore salary negotiation techniques
- Explain the steps for a pay audit using a case study
- Describe how to implement corrective actions to remediate pay discrepancies
- Identify legislation that enforces fair compensation
- Examine legal decisions that impact fair pay
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