Pay Equity for Federal Contractors
Publisher: DCI Consulting
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Employers with federal contracts are tasked with balancing regulatory requirements and addressing pay equity concerns within their organization. DCI Consulting, an HR analytics and risk assessment firm, has developed a guide to help federal contractors weigh the pros and cons of different approaches to pay equity studies. Pay equity studies are often completed under attorney-client privilege. This allows employers to determine where pay adjustments must be made while minimizing legal risk. However, the regulatory requirement for federal contractors to conduct an annual evaluation of their compensation systems puts privilege at risk. This guide will help employers with federal contracts understand which approach will help them increase pay equity within their organizations while minimizing risk during compliance reviews.
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