Pay Equity: Building Equitable Compensation Practices

Pay equity has become a strategic priority for organizations seeking to support fair compensation practices, strengthen employee trust, attract and retain talent, and comply with evolving legal and regulatory requirements. This workshop provides a foundational understanding of pay equity and its role within modern compensation, total rewards, and workforce strategies.

You will explore key pay equity concepts, legal and compliance considerations, and the distinctions between pay equity, equal pay, pay fairness, and pay gap analysis. The workshop also introduces the fundamental steps involved in conducting a pay equity analysis, including defining comparable work, preparing and evaluating compensation data, assessing pay differences, and interpreting findings. In addition, you will examine how technology, analytics, and artificial intelligence (AI) can support pay equity initiatives and gain practical insights into building governance processes that sustain equitable compensation practices over time.

This workshop will equip you with the knowledge needed to recognize potential pay equity risks and support fair, transparent, and data-informed compensation decisions.

What You Will Learn:

• Define pay equity and distinguish it from related concepts, including equal pay, pay fairness, and pay gap analysis.
• Explain the legal and compliance requirements that influence pay equity practices across organizations.
• Interpret the key steps and outputs of a foundational pay equity analysis.
• Evaluate the role of technology and AI in supporting pay equity initiatives.
• Identify practical strategies for building, governing, and sustaining equitable compensation practices over time.

Policies

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