ay Equity goes beyond equal pay, ensuring fairness by eliminating discrimination based on protected classes like age, sex, gender, and ethnicity. In essence, factors such as performance, education, and experience should guide compensation differences.
Why It Matters:
Companies face legal pitfalls, including litigation under laws like The Equal Pay Act and Title VII, emphasizing the need for compliance. State-specific pay equity laws further underline the importance of staying informed.
The Pay Equity Analysis Imperative:
Unjustifiable pay discrimination can trigger talent loss and harm reputation. To avert this, Kavea offers a comprehensive Pay Equity Audit, a proactive step to identify and address potential issues.
Kavea’s Pay Equity Audit Process:
- Job Alignment: Accurate job titling and descriptions are crucial in identifying employees performing similar work.
- Holistic Data Analysis: Beyond gender, our analysis includes all protected classes, ensuring a comprehensive review.
- Individual Factors Impact: We utilize specialized scoring methods to consider individual factors like experience, tenure, education, and performance.
- Legal Compliance Check: Pay discrepancies are assessed against federal and state laws, justifying variations based on seniority, merit, or production metrics.
- Documentation and Correction: Identified discrepancies are documented, and corrective actions are taken, ensuring transparency.
Kavea empowers companies to manage litigation risks and establish equitable pay practices. Initiate your journey towards compliance by starting your Pay Equity Audit with Kavea.
