Meet the Need to Achieve Pay Equity and Pay Less Later
It’s nearly impossible to keep up with the breadth and variations of new pay equity laws in the U.S. and around the world. The specifics may seem overwhelming, but the trend is very clear. There has been a shift away from employees’ (women, BIPOC, LGBTQI+, and others) need to meet the burden of proving employers had bias to employers meeting harder requirements to justify lower pay based on a “factor other than sex” or other protected class. Employees are looking to work for employers who are equitable with their first litmus test being the job listings itself. Investors want their portfolios to include companies with no pay gaps. Customers and clients want to spend their money where equity is not questionable. Employers are experiencing pressure from all stakeholders. Wait any longer and employers will endure the future costs of lawsuits, higher recruitment costs, compliance issues, and lost clients, customers, and investors. The time to act is now so they can Pay Less Later.
EPN helps corporations avoid the impending consequences of not meeting pay equity standards with The Wage Cleanse, a system that will mend existing inequity while building new and better hiring practices to keep you competitive and grow your success. EPN’s specialized knowledge guides and informs businesses on How to Pay Less Later by achieving pay equity.
The Wage Cleanse is a fresh start. It’s a comprehensive approach that addresses everything from job descriptions to hiring from within. It’s an opportunity to achieve equal pay and equal opportunity without sacrificing everything that’s been built along the way. Let’s address your 21st Century needs to retain talent and restructure sustainable hiring practices from start to finish.
Included in the review are the documented and informal procedures of:
- Job description creation
- Recruitment efforts including diversity programs
- Applicant review
- Interview process
- Candidate review
- Compensation package determination
- Negotiation process
- Performance review
The Wage Cleanse begins with a kick off meeting with key personnel including C-suite sponsor, HR and DEIJ leadership. At the end of the process you will have another onsite meeting to review the recommendations in the final report. The report will give actionable recommendations that will range from immediate no-cost self implementation changes to more long-term process checks and balances.