Searching Workplace Equity on page 51

Do you have a plan to address not only pay equity, but also career equity?

Access a related Workspan Daily article on this subject: DOL Proposes Rule on Valuing Employer Stock Purchased, Sold by ESOPs; Access a bonus Workspan Daily Plus+ article on this subject: ;The Equity Alternative: Rewarding Employees Without Traditional Stock; Employee stock ownership plans, or ESOPs , are an alternative that is sparking growing interest and exploration as a succession plan, particularly by closely held or middle-market businesses for whom other ownership transition options may not be feasible.

For instance, Payscale also recently announced a partnership with pay equity and regulatory compliance software company Trusaic, to better equip organizations with the tools needed to safeguard international pay transparency and pay equity compliance.

Thousands of companies have made diversity, equity (including gender equity) and inclusion a key element of their organizational talent strategy, giving working women additional leverage to prioritize benefits.

It’s a time when we get to showcase our best thinking about how to align compensation with our talent strategy, and notably, a chance to invest in both pay equity and pay-for-performance.

Accordingly, federal agencies are raising awareness of accessibility for persons with disabilities and are improving their technological resources to make their workplaces more accessible to people with disabilities.

Beyond the potential pay equity benefits, the new mandates pose a litigation threat for businesses advertising jobs that can be performed in California and Washington, where the laws include a private right of action with a minimum damages award of $5,000 per person in the Washington statute.

For WorldatWork Members A Step-by-Step Guide to Employing Modular, Hyper-Personalized Comp , Workspan Daily Plus+ article;How to Contend with a Job-Hopping Workforce , Workspan Daily Plus+ article;Develop Personalized and Inclusive Recognition Programs for Your Hybrid Workplace , Workspan Magazine article; For Everyone Are ‘Modular’ and ‘Hyper-Personalized’ the Future of Compensation?

For WorldatWork Members Ghosts in the Machine: Policing Provider Network Adequacy Issues , Workspan Daily Plus+ article;Ch-Ch-Ch-Ch-Changes: Navigating Group Health Election Modifications , Workspan Daily Plus+ article;Workplace Well-Being Trends , Research; For Everyone Busting Ghost Networks: What You Can Do on the Front End , Workspan Daily article;Employees Don’t Understand Their Health Plan: That’s a Big Problem , Workspan Daily article;Health and Welfare Plans: Plan Types and Administration , course; Ghost networks — health plan listings containing inaccurate information such as outdated addresses or contact information, or providers who aren’t accepting new patients or don’t take that plan’s insurance — can lead to delayed care, health issues and financial challenges for your employees.

Furthermore, the employees who do participate in tuition reimbursement programs tend to work in white-collar roles, raising potential equity issues.