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Comp Foundations: Gender Earnings Comparison
38

Compensation Foundations: Gender Pay Equity

Jan 20, 2017

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Page 1: Compensation Foundations: Gender Pay Equity

Comp Foundations:Gender Earnings Comparison

Page 2: Compensation Foundations: Gender Pay Equity

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IntroductionMykkah Herner, MA, CCPModern Comp Evangelist

Laura ReigelCustomer Marketing Manager

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54 Million Salary Profiles10 Org types 350 Industries 15,000 Job Titles

2,300 skills, 4,200 certifications

The World’s Largest Salary Database

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The Basics

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As California Goes…

…so goes the nation.

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Turns out 48/50 States have some version of a pay equity law on the books

x x x

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Proposal to change EEO reporting to include gender, race, and ethnicity

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83% of Top Performing companies say their employees are paid fairlyvs. 73% of all companies

83% 73%

Source: PayScale 2016 Compensation Best Practices Report - https://hub.payscale.com/h/i/221642277-payscales-2016-compensation-best-practices-report

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Top tech companies share diversity data more and more publically

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Diverse teams lead tobetter business outcomes

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Diverse teams lead tobetter business outcomes

Source: McKinsey - http://www.mckinsey.com/business-functions/organization/our-insights/why-diversity-matters

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The Science

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Gender Earnings Comparison Feature

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Hover over a job row for more detail

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The Execution

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How do I enablethat feature?

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You’ll need to have gender uploaded for each employee…

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… in the Gender column.

*This is different from using a custom field column.

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But I already have gender enteredin one of the custom fields…

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Great! Then this will be super simple.

Contact [email protected] and we’ll get it configured for you.

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What am I looking at?

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Overall earnings by gender for the whole organization

For every dollar earned (company-wide average)

How many dollars do• men earn• women earn• “not specified” earn

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Gender pay equity for each job

• For this job, men earn a nickel more than women, on average

• Number of people in the job, by gender

• Gender breakdown percentage

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Are you sure the analysis is right?

• Have you defined the job appropriately? Multiple levels?

• Is the employee in the right job? Recent promotion?

• Do you need to calculate increases?

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Ensure appropriate position in range

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The Art

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What can impact my Gender Earnings Comparison?

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You may look at every job in the organization

• Each job is equitable (legally compliant)

• Overall stats still show uneven payment

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Uncontrolled vs controlled pay gapFactors that impact gender wage gap• Job Type• Job Level• Compensable Factors• Marriage & Family• Unconscious Bias

http://www.payscale.com/data-packages/gender-pay-gap

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Look by job function

• Upload Department, Division, Functional Area, or a Job Custom Group

• View analytic reports by that group, then gender

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Look by job level

• Upload pay grade or organizational level

• View analytic reports by that group, then gender

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Take the LEAD on Gender Pay Equity

L – Look for potential pay equity issues.

E – Evaluate the issues, talk to managers, determine the rationale for any discrepancies, etc.

A – Act. Fix the problems.

D – Discuss solutions with execs, managers, and employees.

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Q & A(we’ll email this out)