Live Webinar

65-minute live streaming program
  • June 25
  • 1:00 - 2:05 pm EST

Also available as:

OnDemand Course

Risks and Challenges Of Pay Equity: The Real World Approach

June 25

Learn the requirements and regulations when identifying equal pay and the best approaches to ensure you stay compliant.

Pay equity has surfaced to be a critical topic, particularly as part of the broader focus on diversity, equity, and inclusion efforts in companies. Additionally, recent events in the labor market, macroeconomy, and the legal landscape are all contributing to heightened scrutiny around pay equity. However, there continues to be misconceptions around what pay equity means and what is involved when companies perform a pay equity audit. As a result, many companies either hesitate to perform a pay equity analysis, or perform the analysis simply to check the box, without leveraging all the benefits it provides. This presentation explains the opportunities and risks of performing a proactive pay equity study, highlighting the key elements that drive a successful pay equity study in the US. This discussion aims to help human resources & compensation professionals and leaders gain knowledge and confidence to embark on a pay equity study and drive sustainable progress in their organizations.

Learning Objectives

  • You will be able to explain how a statistical pay equity audit works and differentiate between adjusted and non-adjusted pay equity results.
  • You will be able to identify the key elements required for a successful pay equity audit.
  • You will be able to recognize the key opportunities and risks involved in performing a pay equity audit, which can help inform decision-making as you consider doing pay equity audits for your organization.
  • You will be able to review the key legal framework underlying pay equity laws in the US and gain an understanding of the legal risks that you need to manage against.

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Overview of Pay Equity
  • Introduction to Pay Equity
  • Adjusted vs. Unadjusted Pay Gaps (and Why Each Measure Is Important)
  • Importance of Performing Proactive Pay Equity Audits
  • Examples of External Disclosures on Pay Equity
Overview of State-Level Pay Equity Laws in the Us
  • Overview of Federal and State Level Requirements That Inform Pay Equity Assessments
  • Benefits of Performing a Proactive Pay Equity Audit.
  • Key Legal Risks to Manage
Key Elements of a Successful Pay Equity Audit
  • Overview of How a Pay Equity Audit Is Conducted
  • Key Elements of a Successful Pay Equity Audit
    • Buy-in From Senior Leadership
    • Legal Privilege
    • Key Data Requirements
    • Robust and Thoughtful Analysis Methodology
    • Identifying Root Causes of Issues That Are Identified
    • Developing Short-Term and Long-Term Solutions
Wrap-up and Questions
  • Recap on Opportunities and Risks of Performing Proactive Pay Equity Audits
  • Ongoing Monitoring of Pay Equity Results (Discussion of How Human Capital Challenges and Evolutions in the Labor Market Impact Pay Equity)
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Live Webinar Registration

  • AIPB 1.0
     
  • This program is acceptable for 1.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • CPP/FPC
     
  • Lorman Education Services is an approved provider through the PayrollOrg (PAYO). This program is approved for 1.0 RCHs. PLEASE NOTE: To receive credit through PayrollOrg (PAYO) for this program you MUST attend the program in its entirety and use the streaming option, as well as enable (and complete) the required progress checks.
     
  • AR CLE 1.0
     
  • This course has been approved for 1.0 hours of CLE by the Arkansas CLE Board.
     
  • Arizona CLE 1.0
     
  • The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. This activity may qualify for up to 1.0 hours toward your annual CLE requirement for the State Bar of Arizona.
     
  • CA MCLE 1.0
     
  • Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.0 CLE hours of participatory credit.
     
  • CT CLE 1.0
     
  • Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.0 CLE credit(s).
     
  • HI CLE 1.0
     
  • This program was approved by the Hawaii State Board of Continuing Legal Education for 1.0 VCLE credit hours.
     
  • IN CLE 1.1
     
  • This program has been approved by the Indiana Commission on Continuing Legal Education. Participating attorneys are eligible to receive up to 1.1 hours of Distance Education credit.
     
  • MN CLE 1.0 (Pending)
     
  • This program has been submitted to the Minnesota Board of Continuing Legal Education. Approval pending.
     
  • MO CLE 1.3 (Pending)
     
  • NH MCLE 1.0
     
  • NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 60 Minutes.
     
  • NJ CLE 1.3
     
  • This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1.3 hours of total CLE credit.
     
  • NV CLE 1.0
     
  • This program has been approved by the Nevada Board of Continuing Legal Education for 1.0 CLE hours.
     
  • OH CLE 1.25 (Pending)
     
  • This course has been submitted to the Supreme Court of Ohio Commission on Continuing Legal Education for 1.25 CLE hours. Approval pending.
     
  • PA CLE 1.0
     
  • This program has been approved by the Pennsylvania Continuing Legal Education Board for 1.0 hours of substantive law, practice and procedure CLE credit.
     
  • RI CLE 1.0
     
  • This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.0 hours of CLE credit.
     
  • VT CLE 1.0
     
  • This program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.0 hours of CLE credit.
     
  • WI CLE 1.0
     
  • This program has been approved by the Board of Bar Examiners for 1.0 hours for use toward the Wisconsin Mandatory CLE requirement.
     
  • WV MCLE 1.3
     
  • This program has been approved by the West Virginia State Bar MCLE Commission for 1.3 MCLE hours.
     
  • HR Certification Institute 1.0
     
  • This program has been pre-approved for 1.0 (General) recertification credit hours toward aPHR®, aPHRi(TM), PHR®, PHRca®, SPHR®, GPHR®, PHRi(TM), and SPHRi(TM) recertification through HR Certification Institute® (HRCI®). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
     
  • SHRM 1.0
     
  • Lorman Education Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.0 PDC(s) for the SHRM-CP or SHRM-SCP.
     
  • CPE 1.2
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.2 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: . Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     

OnDemand Course

This course was last revised on May 13, 2019.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Who should attend?

This live webinar is designed for human resource and payroll professionals, business managers, office managers, presidents, vice presidents, CFOs, bookkeepers, controllers, accountants, and attorneys.

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Therese Sebastian, CEP

Therese Sebastian, CEP

Equity Methods

  • Director, Equity Methods
  • Subject matter expert on pay equity analysis, executive compensation strategy, and stock-based compensation valuation
  • Speaking/Teaching accomplishments in your area of practice: Speaker on pay equity topics in various conferences including WorldatWork and Equilar
  • Author of the following pay equity articles published in Workspan and Equity Methods website
  • Workspan Article: The Root of the Problem: Weeding Out Pay Inequities
  • Article: Navigating Illinois’ Equal Pay Registration Certificate: Practical Steps to Pre-pare
  • Article: What to Expect from a Pay Equity Study
  • Article: 5 Key Questions for Pay Equity Remediation
  • Membership information: Certified Equity Professional
  • Education information: Bachelors of Science in Management Engineering from Ateneo de Manila University, MBA from University of Arizona
  • Contact information: [email protected], 480-428-3327
Saswati Sen

Saswati Sen

Equity Methods

  • Manager, Equity Methods
  • Subject matter expert on pay equity analysis and stock-based compensation valuation
  • Speaking/Teaching accomplishments in your area of practice: Speaker on pay equity topics in various conferences including WorldatWork
  • Author of the following pay equity articles published in Workspan and Equity Methods website
  • Workspan Article: The Root of the Problem: Weeding Out Pay Inequities
  • Article: Equity Methods Survey Reveals Contemporary Trends in Pay Equity
  • Article: Statistics 101 for Pay Equity
  • Article: Five Big Questions Boards Are Asking about Diversity, Equity, and Inclusion
  • Education information: Master Of Business Adminstartion, Pune India, MS Finance from Portland State University
  • Contact information: [email protected], 480-428-1173
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 409671
Purchase Options

Register today before this event fills.