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It examines such issues as which organizations are taking action on pay equity, how frequently organizations conduct pay equity analyses, the barriers and motivators of pay equity work, what types of compensation are included in pay equity analysis, how organizations share the results of pay equity analyses and more.

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This framework integrates seven bodies of research: transition theory, executive coaching, adult learning, role and identity, career development, life stage and work-life balance.

Compensation includes wages, bonuses, fringe benefits, and equity-based compensation.

“Talent attraction and development, careers, training, workforce planning, compensation, benefits, payroll, tax and legal compliance and much more is going to be digitalized, automated and applied via digital work.”

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If AI models are trained on biased historical compensation data, there's a risk of perpetuating and amplifying biases, leading to unfair compensation decisions.

Alamo and Briscoe — both of whom serve on WorldatWork’s Compensation Advisory Council — see other potential benefits to adding finance professionals to their teams.