Pay Equity Exercise: Comprehensive Turnkey Services
Key Steps to Completing Your Pay Equity Exercise
The objective of the pay equity exercise is to systematically identify, assess, and compare the various job categories within the company to determine if salary adjustments are needed to achieve pay equity. The steps required to effectively conduct the pay equity exercise are outlined below.
- Job Category Identification : Comprehensive classification of all roles.
- Gender Predominance Analysis : Objective assessment of gender representation per category.
- Evaluation Method Selection : Application of consistent, accurate role-weighting methods.
- Job Category Comparison : Identification of discrepancies between comparable roles.
- Wage Gap Estimation : Technical analysis of identified pay disparities.
- Salary Adjustment Calculation : Determination of adjustments required for compliance.
- Repayment Determination : Establishment of plans for past wage discrepancies.
- Employee Communication : Facilitation of mandatory workforce notifications.
- Initial Notice : Official posting of results for a 60-day period.
- Second Notice : Final posting for an additional 60-day period, including any amendments.
Expert Support for Your Pay Equity Exercise | Pro Gestion
Conducting a pay equity exercise requires rigorous analysis and strict adherence to legislative timelines. From job evaluations and wage gap calculations to mandatory postings, every step must be handled with precision to minimize risk. Pro Gestion provides comprehensive, turnkey support to guide employers through every stage, delivering total compliance and peace of mind.
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