Pay Equity Best Practices During the Annual Merit Cycle
Annual review season is right around the corner at many firms. For managers and compensation teams, this means conducting performance reviews, handing out promotions, calculating annual bonuses, and determining merit increases for the next year. The often discretionary nature of pay and career progression decisions creates both risks and opportunities for internal pay equity.
In this webcast, we’ll discuss:
- How a company’s compensation philosophy and job architecture influence merit cycle decisions and how these impact internal pay equity
- Optimal timing for performing a pay equity study
- How to determine which compensation components to analyze
- Testing for biases in performance ratings
- Updates on state requirements for pay gap reporting
- Different ways to remediate pay gaps
Join us as we explore best practices and key considerations to maintain pay equity during the annual merit cycle.
CPE Credits: 1.0 (available to live webcast attendees)
Field of Study: Specialized Knowledge
Program Level: Overview
Additional CPE details