See how Paylocity’sCompensation Management softwarecan help you attract, engage, and retain talent while maintaining compliance with pay equity laws. Guarantee Fair Pay, Bonuses, and More In today's labor market, employees expect fair, competitive wages. Our Compensation Management tool can make it...
Title VII of the Civil Rights Act of 1964.Expanding upon the scope of protection afforded by the Equal Pay Act, Title VII denounces any pay discrimination based on gender, race, religion, or nationality. What is a pay equity analysis? Pay equity analysis refers to a method used to research...
What is pay equity? Pay equity is the practice of mitigating employee wage inequalities based on race, gender, and other criteria. The growing platform for pay equity aims to resolve wage disparities across a range of sociopolitical identity markers. The goal of pay equity advocates is to create...
Pay equity is the concept of compensating employees who have similar job functions with comparably equal pay, regardless of their gender, race, ethnicity or other status. Yet, this practice is often more complex than simply eliminating biases. Employers must weigh other factors, like the employee’...
state has strengthened its pay equity laws –some more than others. And these laws continue to change. It’s important for HR leaders to keep up with those changes to stay compliant. What Laws Govern Pay Equity? Both federal and state laws govern pay equity. Federally, the Equal Pay Act ...
Employers are not required to pay commission under theFair Labor Standards Act, according to theU.S. Department of Labor. Understanding the pay structure may help you decide whether a commission or salary is better for you. Key takeaways ...
Pay stubs act as official payroll records, which make it easier for your business to track payments, deductions, and tax filings. If there’s ever a dispute or an audit, having accurate pay stubs can help you resolve the issue.State paystub requirements While federal law doesn’t require em...
When understanding DEI, it’s critical to know about pay equity, especially when it comes to discussing it at work.
Close on the home equity loan and receive funding, typically in one lump sum. Remember, theTruth in Lending Act (TILA)protects your right to change your mind and cancel your loan without losing money, so long as you do so within three days. ...
The term “pay-for-performance compensation” refers to performance-based pay programs where an employee is incentivized and rewarded for achieving goals or objectives. Pay-for-performance plans are extremely popular – according to our recent Pay Practices and Compensation Strategy survey, 75% of ...