Understanding the Basics of Gender Pay Equity

To determine if your company is leading or lagging in gender pay equity, you first need to understand what it means. Gender pay equity refers to the concept where men and women are paid equally for performing the same or similar work. Analyzing your compensation data against this principle is the first step in evaluating your standing. Begin by collecting and comparing salary information across similar roles, factoring in experience, education, and performance, to identify any disparities that may exist.