Are you Compliant with the Newest Pay Equity Regulations?
There have been a flurry of new pay equity bills enacted by states across the country over the past few years, and new pay equity laws are being proposed by state legislatures at an unprecedented rate.
This patchwork of laws presents a challenge to multi-state employers, as they all contain crucial differences in how they define what qualifies as similar work, and which salaries can be reasonably compared.
Did You Know
- For every $1.00 paid to men, women in the United States make an average of 83 cents
- For every $1.00 paid to White women, Black women are paid 95 cents, Asian women are paid 74 cents, and Hispanic women are paid 91 cents.
- The median weekly earnings of Black Americans and Hispanic Americans working full-time jobs was lower than White Americans by around $300.
- Between October 2016 and September 2020, OFCCP has received over $116 million dollars in relief for over 138,000 employees and job seekers discriminated against.
- As of November 2020, the EEOC has secured more than $535 million dollars in monetary relief for victims of workplace discrimination.
Equal pay for equal work is the law, but with each state and regulator defining equal work differently, it can be difficult for employers to know if they are in compliance.
Employers Council Offers a Pay Equity Analysis to Ensure Compliance
For employers who are concerned about their potential vulnerability to pay equity claims, Employers Council offers a comprehensive Pay Equity Analysis package that will review your obligations under all relevant federal and state laws, provide a statistical analysis of your workforce and compensation, and advise on how to ensure you are compliant.