Tagged: pay equity

Why Do Corporate Pay Practices Feel Broken? Because They Are.

New research by ADP and also by LinkedIn shows that pay has become the #1 factor in employee satisfaction. And no wonder: inflation is raging, people are overworked, and CEOs keep asking employees to be “more productive” (read “work harder”).

And how do companies keep up? They’re talking about laying people off, getting rid of ... Read more»

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Why Do Corporate Pay Practices Feel So Broken? They Kind Of Are.

In this podcast I introduce our new research on pay and rewards. This enormously important part of business needs a transformation, and our new research on “Systemic Pay and Rewards” explains why. I give you an overview of why pay systems are so brittle, what really drives results, and how we can dramatically improve these ... Read more»

New Regulations Will Force Companies To Address Pay Equity

On March 30, 2023, the European Parliament approved a groundbreaking law, the Pay Transparency Directive, that will change the way businesses operate by mandating pay equity compliance.

That same day Australia made broad changes to the Fair Work Act, restricting fixed-term contracts and pay secrecy clauses; strengthen provisions on gender pay equity, ... Read more»

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How To Solve Pay Equity: More Important Than You Realize

This week I’m focusing on three things:  First a quick discussion of the SVB banking crisis and what’s going on; Second a further discussion about why Generative AI is so disruptive to HR; and Third, and most important, a deep discussion about Pay Equity.

This coming week is Equal Pay Day where we symbolically celebrate ... Read more»

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Chat-GPT Bias, Pay Equity, Slowing Economy, Post Layoff Advice, Secret To Great Hiring

In this week’s podcast I cover a bunch of topics. Here they are:

  • More proof that Chat-GPT is immature and yes, it’s biased
  • The unexpected impact of pay transparency laws
  • Why the economy is experiencing a “slow motion car crash”
  • The ever-tighter labor market and shortage of workers
  • Why gig workers are happier than wage
... Read more»

The Growing Role Of Pay In Employee Experience and Business Performance

For the last three years we’ve been worried about burnout, mental health, and work life balance during the pandemic. This week a new issue has emerged. A new Mercer study of employee sentiment found that pay has suddenly become the number one factor in satisfaction at work.

When asked “what keeps workers up at ... Read more»