Nearly half of senior HR leaders struggle to access data needed to address pay equity, and more than a third don’t have enough data on pay to address the gaps, according to new research.
Figures from XpertHR and Executive Networks suggests barriers to accessing data could be to blame for many organisations’ unsuccessful bids to address pay equity in the workplace.
Of those surveyed, more than a third (35%) of senior HR leaders do not have enough data on pay, half (50%) lack employee self-identification data, and three in five (59%) are without data on employee demographics.
Alongside significant data gaps, there is a reliance on legacy technology and out-dated, manual internal processes, which makes pay equity analysis much more challenging and ultimately less effective. Most organisations outsource pay equity analysis to external consultants, but for those that manage it in-house, the most common tool reported by senior HR leaders is spreadsheets (59%).
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