Compensation Compliance (Item 19 and Directive 2018-05)
Available from OutSolve
Proactive Compensation Reviews and Audit Preparation
Be proactive! Audits can come at any time. You can review your compensation data and identify changes before you receive notice from the OFCCP concerning an Audit. This is much simpler and less costly process compared to an OFCCP finding of alleged discrimination that would include fines and press.
The OFCCP has clarified that pay discrimination will be investigated more thoroughly than before. OutSolve knows how the OFCCP will conduct their desk review (utilizing Multiple Regression) and can help you organize your jobs into meaningful groups (Pay Analysis Groups) and analyze the data to help prepare you for concerns identified in your compensation data. OutSolve can help guide you on appropriate decisions surrounding your compensation narrative BEFORE you turn in Item 19 to the OFCCP.
• Expert consulting, training and data analysis led by our Ph.D. consulting team using the techniques applied by the OFCCP (typically multiple regression) for purposes of their Desk Review
• Assistance in the creation of similarly situated groups for the purpose of analysis
• Mock compensation manager interviews designed to be similar to the questions asked by the compliance officer
• Recommendations on compensation adjustments for employees to ensure a smooth audit