The Pay Equity Plan / Program

When a company has more than 50 employees, it must complete a pay equity plan and perform periodic audits. When a company has more than 100 employees, it must also establish a pay equity committee for each plan to be completed. You can accomplish a pay equity plan by following the steps described below.

• Identify the number of plans to be completed within your company.
• Identify job categories.
• Determine whether the categories are of female or male predominance.
• Select a method of evaluation for the job categories.
• Develop an evaluation process.
• Inform the employees that there will be a notice posted with precise instructions.
• Evaluate job categories.
• Compare job categories.
• Estimate wage gaps.
• Calculate salary adjustments.
• Post the first notice for a period of 60 days, as per the commission's instructions.
• Repost the notice for an additional period of 60 days with any amendments.
• Pay salary adjustments if necessary.