Learn how to identify and avoid common pitfalls in a pay equity process.
Compensation experts work hard to ensure pay equity, but most, if not all, compensation studies are only 50% complete. How can this be? Broadly, there are two major forms of compensation analysis: (1) external (benchmarking) and (2) internal (statistical pay equity). The vast majority of compensation experts do not understand the important relationship shared between these two forms of compensation analysis. Moreover, they do not know that employers must have both external and internal pay equity.
This presentation will explain the two forms of compensation analysis and provide focused training on internal (statistical) pay equity methods. Specifically, this presentation will explain basic statistical methods applied in internal pay equity studies, along with a live demonstration. Importantly, this presentation will explain how external and internal compensation studies rely on each other to provide employers with true 100% comprehensive pay equity outcomes. This topic is critical for employers to ensure their compensation system is truly balanced and equitable.
Agenda
Faculty
Dan Kuang, Ph.D.
Biddle Consulting Group, Inc.
- BCGi Distinguished Researcher and Fellow
- Focuses on pay equity, complex class action Title VII (and related), expert litigation support
- California Equal Pay Taskforce expert member
- Testified before United States Commission on Civil Rights on gender pay gap and participated in Joint Pay Equity Roundtable: NIG + OFCCP
- Author of various Law360 articles
- Education includes the University of California, Berkeley; The City University of New York, Baruch College; and Portland State University
- Can be contacted at Biddle Consulting Group, 193 Blue Ravine, Suite 270, Folsom, CA 95630
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