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...
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’...
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...
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...
When understanding DEI, it’s critical to know about pay equity, especially when it comes to discussing it at work.
You can use it in multiple ways to help pay for expenses. Here are two primary ones to know: Home equity loans Home equity loans act as a second mortgage. Homeowners simply deduct a portion of the equity they have in their homes to use as they see fit. Home equity loans have multiple...
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. ...
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 ...
What Is Commission Pay? A Great Way to Motivate Sales Teams [Tips and Examples] Keeping a sales team motivated is tough. Commission pay can be the incentive needed to get more deals across the finish line. [Salesforce] Discover 5 types of compensation structures, plus their benefits and dr...
Pay stubs act as official payroll records, which make it easier for your business to trackpayments, 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 ...