Join us for our December Virtual Luncheon:
Making the Most of Pay Transparency to Create an Equitable Workplace
This year employees have vocalized what they want most from their employers. In the modern workplace, there are two jobs for each worker, and organizations that wish to differentiate themselves from the competition must give workers what they’re looking for. Their biggest ask? Fair pay.
To further drive the need for employers to prioritize pay equity, many states are requiring organizations to prove they pay fairly. A total of 10 states have introduced pay transparency laws that require employers to post pay ranges in job listings. The pay equity wave is increasing and employers that don’t prioritize fair compensation will face legal action, monetary damages, and experience drought in an increasingly tight labor market.
As total rewards and compensation professionals evaluate their organization’s pay philosophy to align with evolving pay transparency requirements and employee expectations, they must give special attention to the perception gap – a notion that speaks to the potential disconnect between what compensation data reveals and how employees feel about the organization's pay practices.This is especially true as employers prepare to post pay ranges in their current and future job listings.
Join Trusaic’s Vice President of Sales and Product Anuj Mongia, for a discussion on the state of the labor market, the pay transparency legislative landscape, and how to identify and resolve the perception gap. Anuj will outline what steps employers must take to close the perception gap and explain the role of pay transparency in achieving pay equity. During closing remarks, Anuj will identify tools organizations can leverage to satisfy pay range disclosures and ultimately use pay transparency as an opportunity to get ahead.
Featured Speaker:
Anuj Mongia, Vice President of Strategic Alliances & Product, Trusaic
As the Vice President of Strategic Alliances & Product at Trusaic, Anuj is one of the company’s principal product strategists and oversees ongoing expansion efforts into global markets. His vast experience in customer service and data analytics has enabled him to develop a comprehensive Pay Equity software solution with the customer experience at its core. He holds a Bachelors of Engineering degree in Computer Science, and a Masters of Science in Financial Engineering from Claremont Graduate University.
