Understanding Pay Fairness

A guide to help you assess and promote fair compensation in the workplace.

Key Concepts in Pay Fairness

What is Pay Fairness?

Pay fairness ensures compensation reflects the value of the work performed, considering:

  • Skill level and expertise required
  • Responsibility and decision-making authority
  • Working conditions and effort required
  • Impact on organizational goals

The Gender Pay Gap

The gender pay gap reflects the persistent disparity in earnings between men and women. Key statistics:

  • Women earn approximately 83 cents for every dollar earned by men
  • The gap widens for women of color
  • Differences exist across industries and job levels
  • Impact compounds over career lifetime

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