2024 Bonus Planning Checklist for Compensation Professionals
✅ Prevent Pay Gaps
✅ Avoid Penalties
✅ Support Equality
✅ Build Transparency
✅ Take Better Pay Decisions
Pay Equity profoundly enhances teamwork, reduces turnover, and supports long-term growth while nurturing a workplace where employees feel valued, empowered, and motivated to contribute their best.
Pay Equity profoundly enhances teamwork, reduces turnover, and supports long-term growth while nurturing a workplace where employees feel valued, empowered, and motivated to contribute their best.
As of 2020, the average hourly wage in the United States was around $29.00 and women earned approximately 82 cents for every dollar earned by men, indicating a gender pay gap of around 18%. Want to know what other things to check for at your firm?
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Compliance with pay equity laws is not only a legal necessity but also a strategic imperative that positively impacts employee satisfaction, organizational reputation, and overall business performance. Find out what to include in your checklist as you gear for 2024 Planning.
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What’s in the Guide:
Compensation Compliance
Hiring and Recruting Compliance
Pay Equity Laws Compliance
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