With a rising tide of pay transparency and pay equity-related laws poised to sweep through the world of business, many organizations are wisely shoring up their practices. But understandably, very few feel that they’ve completely “solved” pay equity. Affirmity has sponsored HR Research Institute’s The State of Pay Equity 2023-24 survey to uncover common best practices, and to discover just how prepared businesses currently are.
This 50-page report collects and analyses survey responses from a broad cross-section of largely North American employers across virtually every industry vertical and organizational scale. From asking how respondents would rate their current pay equity programs, to drilling in the specific metrics and methods they use to identify and address inequity, this report will help you better understand the work being done by peers—and if necessary, reveal how to catch up.
2023-24’s key findings include:
- A majority (7 in 10) rate their organizations mediocre or below in the area of pay equity—but the same proportion believe their organization will become more equitable over the next two years.
- Just one-third rate themselves as excellent (12%) or above average (22%) in terms of pay transparency.
- More equitable organizations are three times more likely to analyze and leverage data to improve pay equity.
- And much more!
Download the full white paper using the form on this page and learn how businesses are meeting pay equity challenges in 2023 and beyond.