Achieving pay equity and transparency* is crucial for businesses, yet most struggle to execute effectively.
To address this and help companies attract and retain talent, XpertHR & Executive Networks conducted a survey involving 1,011 global HR and business leaders and employees from diverse industries and demographics in early 2023. The survey revealed strikingly different perspectives among respondents and identified key obstacles to achieving parity.
This report provides expert insights and actionable steps to help your organisation become a fairer and more transparent workplace.
*Pay Equity: the concept of compensating employees who have similar job functions with comparably equal pay, regardless of their gender, race, ethnicity, or other status/protected characteristics. Pay Transparency: the degree to which employers are open about what, why, and how much employees are compensated.
About Gapsquare (XpertHR)
Gapsquare™ from XpertHR® empowers organisations to reduce risk, improve talent engagement, and ensure pay equity—saving crucial time and resources. Our pay analytics solution identifies and resolves the drivers of pay disparities in workforce data quickly, providing HR leaders with personalised compensation planning insights they need when they need it. Our single purpose is to ensure that people are paid fairly for the value they provide – no matter their gender, race, age, or identity.