Pay Equity
The practice of reviewing compensation fairness across comparable roles, levels, locations, and employee groups.
FAQs
- Is pay equity only a software report?
- No. Software can support analysis, but pay equity work requires policy, data quality, legal review, and compensation governance.
Related Terms
Compensation Management
The process of planning, reviewing, approving, and communicating employee pay decisions.
Compensation Benchmarking
The process of comparing pay levels against market, internal, or role-based compensation references.
DEI
Diversity, equity, and inclusion practices related to representation, fairness, access, and belonging at work.
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