Comp Foundations: Gender Earnings Comparison
Comp Foundations:Gender Earnings Comparison
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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
As California Goes…
…so goes the nation.
Turns out 48/50 States have some version of a pay equity law on the books
x x x
Proposal to change EEO reporting to include gender, race, and ethnicity
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
Top tech companies share diversity data more and more publically
Diverse teams lead tobetter business outcomes
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
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)