Gain an understanding of internal and external pay equity concepts.
Navigating issues involving pay equity is becoming more challenging for employers, and the social, financial and legal risks associated with inequity continue to grow. The purpose of this topic is to discuss the concept of internal and external pay equity. The information will explore the difference between internal and external equity, various types of employee reward systems, and the impact of job performance dynamics in the workplace. This information can help employers to focus on reward systems that promote employee retention, satisfaction and productivity instead of wasting money and effort investing in ineffective reward systems. This material will conduct an overview of pay inequity and inequality based on gender and race and the various reasons for those disparities. This information can be helpful to employers to not only understand the issue but to get a deeper understanding of the underlying unconscious biases that can lead to unintentional disparate effects. That understanding can lead to different choices that foster more equity in the workplace. Finally, the topic will discuss the legal implications of perceived pay inequity as well as what employers must do to comply with relevant federal regulations with regard to pay equity.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Types of Reward Systems
- Non-Financial Rewards
- Financial Rewards
- Risks of Financial Rewards
Equity Theory
- External Equity
- Internal Equity
- Organizational Justice
- Compensation System Concerns
The Importance of Job Performance Dynamics
- Work Performance Trajectories
- Stages of Job Performance Dynamics
- Theories of Employee Retention and Motivation
Consequences of Perceived Inequity
- Gender Pay Gap
- Intersectionality
- Legal Standards
Employer Responsibilities and Best Practices
- EEO-1 Reporting Requirements
- Equity Strategies
- Internal Pay Audit
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on May 19, 2020.
Call 1-866-352-9540 for further credit information.
- AIPB 1.5
- This program is acceptable for 1.5 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
- ASA 1.25
- This program may qualify for 1.25 continuing education hour(s) towards maintaining your ASA credential. Please contact ASA for more information at [email protected]. Please retain proof of attendance in the event your CE record is audited.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Cheyne R. Scott
Chasan Lamparello Mallon & Cappuzzo, PC
- Partner, Chasan Lamparello Mallon & Cappuzzo, PC
- Civil litigation attorney focusing her practice on governmental entity representation, labor and employment law, and represents individuals, municipalities, counties, authorities, and school boards in various litigation and compliance matters
- Conducts anti-harassment, discrimination, and anti-bias training for public and private entities; also conducts harassment and discrimination investigations for public and private entities
- Conducts regular seminars concerning labor and employment law, including but limited to Title VII, the Civil Rights Act, the Whistle-blower Act, the Equal Pay Act, and restrictive covenants
- Has also conducted seminars and written about the impact of unconscious bias in the workplace; her article ‘The Evolution of Diversity Training and Impact of Unconscious Bias on the Legal Profession’ was published in the August 2018 issue of the New Jersey Lawyer Magazine; regularly conducts seminars regarding mindfulness and well-being in the legal profession; her article ‘Mindfulness: A Simpler Way to Alleviate Attorney Stress’ was published in the July/August 2017 issue of the American Bar Association GPSOLO Magazine, a national publication
- Active member of the New Jersey State Bar, serving as a member of the Executive Committee of the Labor and Employment Section, as well as the Diversity Committee; member of the Garden State Bar Association and serves as co-chair of its Labor and Employment Committee; member of the Reitman Employment Law Inn of Court, the first American Inn of Court devoted exclusively to Labor and Employment Law advocacy; and also a member of Delta Sigma Theta, Sorority, Inc., a service organization
- Licensed in New Jersey and Michigan
- J.D. degree, cum laude, Thomas M. Cooley Law School; B.A. degree in political science, Michigan State University
- Can be contacted at [email protected]
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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