Abstract
[This is an excerpt.] Nearly 3 in 5 (58 percent) of U.S. organizations voluntarily conduct pay equity reviews to identify possible pay differences between employees performing similar work. Of those organizations, 83 percent adjusted employees' pay following a pay equity review, according to new survey data from the Society for Human Resource Management (SHRM). The surveys, which received responses from 1,017 individual contributors, 1,038 managers and 1,094 HR professionals, were fielded in June and July. "This research shows that workplace culture starts at the top—and organizations with forward-thinking leadership are in the best position to win the global competition for talent," said Emily M. Dickens, SHRM chief of staff, head of government affairs and corporate secretary. SHRM encourages employers to proactively conduct self-evaluations of pay and correct improper disparities in compensation, to discuss pay expectations with their employees, and to share with their employees information on how pay decisions are made. [To read more, click View Resource.]
This resource is found in our Actionable Strategies for Health Organizations: Meaningful Rewards& Recognition (Adequate Compensation)
