Compensation Pay Equity Analysis
Strategically use analytics to optimize salaries to impact your organization’s bottom line—and provide employees with competitive wages. Did you know? PeopleFluent partnered with Visier, the globally recognized leader in people analytics and planning, to bring these features to you!
Insights That Drive Corrective Action
Pay Equity Analysis will provide the insights you need to resolve any pay inequities while helping you understand root causes. Taking the necessary corrective action will allow you to demonstrate pay fairness and enhance your reputation with employees, clients, and investors.
Mitigate Risk With Proactive Analysis
Designed specifically for pay equity analysis, our PayStat® software analyzes employee compensation data using statistical methods and tests that align with OFCCP regulations. It can also align with the requirements of any company’s wider pay equity plans. With PayStat, you can respond quickly to audits and requests for compensation-related information, including current and past pay decisions.
Reduce uncertainty and mitigate legal liabilities by:
- Comparing pay for protected classes with pay for non-protected classes
- Analyzing pay across the organization for EEOC investigations, and per establishment for OFCCP audits
- Calculating salary adjustments to remedy pay inequities
Pay Equity Analysis That Meets Federal Standards
Your HR and compensation teams can quickly become overwhelmed if the right expert data analysis support and software aren’t available in a moment of need. When it comes to pay equity studies, this need can become especially acute if you are selected for an OFCCP audit or when an employee files a complaint with the EEOC. The accuracy of their response is important for your organization—and it’s better to have data in place before it is needed.
Take a proactive approach to pay equity with PeopleFluent Pay Equity Analysis.