Equal Pay for Work of Equal Value
Establishing Pay Equity Principles to Advance Workforce Financial Wellness
Year Developed: 2023
Resource Type: Publication.Primary Audience: C-Suite (CEOs, CFOs, CIO, COOs, CMOs, etc.)
Secondary Audience: Administrative Staff
Board of Directors
PCAs
Language(s): English
Developed by: Association of Clinicians for the Underserved (See other resources developed by this organization).
Resource Summary: Pay equity ensures that employees receive equal pay for work of equal value, and the modern workforce expects a timely and sincere commitment to these principles from their employers. This ACU STAR² Center white paper examines existing literature to detail organizational processes and practices that champion compensation equity and provides a step-by-step guide on how to conduct a pay equity audit.
Resource Details: This white paper examines existing literature to detail organizational processes and practices that champion compensation equity. It also provides a step-by-step guide on how to conduct a pay equity audit. Pay equity ensures that employees receive equal pay for work of equal value, and the modern workforce expects a timely and sincere commitment to these principles from their employers. To achieve these expectations, organizations need transparency; bi-directional communication; a robust compensation philosophy; continuous monitoring and evaluation; comprehensive workforce planning; and an ongoing dedication to justice, equity, diversity and inclusion(JEDI).
Resource Topic: Workforce
Resource Subtopic: Diversity, Equity, and Inclusion.
This project is supported by the Health Resources and Services Administration (HRSA) of the U.S. Department of Health and Human Services (HHS) as part of an award totaling $6,625,000 with 0 percentage financed with non-governmental sources. The contents are those of the author(s) and do not necessarily represent the official views of, nor an endorsement, by HRSA, HHS, or the U.S. Government. For more information, please visit HRSA.gov.