Dive Brief:
- With California leading the charge against the gender pay gap via its newly amended Fair Pay Act, many employers have decided to try and get ahead of the pay equity issue for their workforces, according to the National Law Review.
- The article cites employers such as The Gap, Go Daddy and Salesforce.com as proudly announcing pay equity policies within the past year or so, and how those companies may be able to use that during their recruitment.
- With laws like California's gaining momentum, the idea of changing pay policies could stave off potential litigation against "unwary employers," the article says.
Dive Insight:
The National Law Review offers employers looking to "make lemonade out of lemons" on pay equity some specific strategies, like reviewing employee policies and procedures and adjusting them to the California law. Train employees and managers on payroll decisions related to equal pay and about employee rights to ask about and/or discuss compensation (and their right to support other employees in doing the same). Managers must also be taught to maintain proper records.
In the end, pay equity may offer excellent exposure that can help create a potentially powerful way to attract and retain top talent, according to the National Law Review.