Pay Equity

6 Steps to Close the Pay Gap: A Practical Checklist for HR

Available from DCI Consulting

6 Steps to Close the Pay Gap: A Practical Checklist for HR

Content Summary

Paying employees fairly continues to be a challenge for employers, driven by equal pay laws, shareholder pressure, and the desire to do the right thing. National figures place the median salary for women at 84% of the median for men. Once job title, education, and experience are accounted for, that gap narrows to roughly 1 to 7 percent.

DCI's Michael Aamodt, Ph.D. lays out six steps for closing what remains: conducting an annual pay analysis, setting starting salaries, monitoring hiring decisions, avoiding steering, tracking promotions, and reviewing performance ratings. Each step identifies where pay disparities take hold and what your organization can do about them.

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