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The State of Pay Equity 2023-24: Ensure pay equity to maximize organizational performance
HR Research Institute Research Report and Infographic
July 2023
With recent legislation around pay transparency, the issue of pay equity has become a business imperative, and not complying with regulations could have serious implications. We conducted this study to help HR understand the state of pay equity in organizations today to ensure compliance and avoid wage gaps and inequities.
Download and read the full report with key takeaways from this annual research to learn insights and strategies you can apply to your organization.
Did you know?
A majority (7 in 10) rate their organizations mediocre or worse in the area of pay equity, but the same proportion believe their organization will become more equitable over the next 2 years.
When it comes to pay transparency, just one-third rate themselves as excellent (12%) or above average (22%).
While organizations employ a number of techniques to ensure pay equity, a minority are looking to close pay gaps at all levels.
To learn more, we invite you to download and read the research report today:
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Advisory Board
The HR Research Institute is honored to have this esteemed group of professionals join our State of Pay Equity advisory board to help guide HR.com's primary research. The advisory board's goals are to influence the HR industry's thought leadership and best practices and to advance the competencies and skills of HR professionals.
Thomas Carnahan, Ph.D., Manager, Compensation Services, Berkshire Associates
Boyd Davis, Global Head of Compensation, Unit4
Neil Dickinson, VP, Compensation Services, OutSolve
Chris Fusco, Salary.com - SVP Compensation & CHRO
Alex Gonzalez, Vice President, Outsolve
Beth Grammer, Global Commercial Strategies and Partnerships, Gapsquare from XpertHR Gail Greenfield,US Pay Equity Program Director, Oracle
Christine Hendrickson, VP of Strategic Initiatives, Syndio
Rick Holt,Partner, Resolution Economics
Patrick McNiel,Ph.D., Principal Business Consultant, Affirmity
Sabina Mehmood,Pay Equity Leader & Strategic Initiatives,Gapsquare from XpertHR