Pay Equity Simplified

Tracking pay gaps manually can be a nightmare with distinct roles, multiple pay grades, and potential hidden biases. With ERI's Pay Equity solution, you can easily monitor salaries, close pay gaps, and build credibility.

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Achieve Pay Equity with ERI

Without accurate data and the right tools, it is easy to miss pay disparities. The Pay Equity feature in our
Compensation Management solution will streamline your salary planning process and ensure data-driven decisions.

Upload your employee lists to quickly identify issues by job or employee level
Check your employee lists for pay compression and examine pay equity for protected groups
Analyze base salary, incentive, and total cash at various percentiles

Find market rates for jobs by location, industry, experience, size, and salary planning date
Plan salary increases, incentive plans, discretionary incentives, and sales incentives
Get notified when any detail of your salary plan needs attention

What Is Pay Equity and
Why Is It Important?

Pay equity is a concept that aims to eliminate unfair pay disparities internally or externally. Internal pay equity refers to fair pay for current employees within the same organization who are performing the same or similar jobs. External pay equity refers to fairness of pay against the external market. Whether you’re analyzing internal or external pay equity, ensuring fair compensation will build trust, reduce turnover, and increase productivity.

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Employees who feel they are paid fairly compared to their peers are more likely to be engaged, productive, and
motivated. Achieve employee satisfaction by checking for pay compression or analyzing pay gaps by protected
group, such as age, disability, gender, citizenship, race, religion, and sexual orientation, in our Assessor Platform.

Developing a culture of transparency and open communication about compensation builds trust with your
employees, which improves employee morale. Use our Pay Equity solution to help with compensation
audits, ensuring that total compensation remains fair and competitive across your organization.

Avoid legal penalties and comply with current pay equity laws and regulations at the national
and regional levels. Pay equity should be a high priority for organizations of all sizes to avoid
legal penalties and maintain a reputation built on fairness and trust.

Turn Strategies into Results

Take the guesswork out of internal pay equity analysis. With just a few clicks in ERI's Pay Equity calculator, you can make sure everyone is paid fairly, no matter their gender, race, or background. Learn about how ERI's Assessor Platform can help you achieve pay equity and all your compensation goals.

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