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.
Add to Wishlist
More Program Information
Why Lorman?
Over 39 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
- Buyin From Senior Leadership
- Legal Privilege
- Key Data Requirements
- Robust and Thoughtful Analysis Methodology
- Identifying Root Causes of Issues That Are Identified
- Developing ShortTerm and LongTerm 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)
Add to Wishlist
More Program Information
Why Lorman?
Over 39 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
OnDemand Course
This course was last revised on June 25, 2024.
Call 1-866-352-9540 for further credit information.
- 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 PayrollOrg (PAYO). This program is approved for 1.0 RCHs.
- AR CLE 1.0
- This course has been approved for 1.0 hour(s) of CLE by the Arkansas CLE Board.
- Arizona CLE 1.0
- The Arizona State Bar does not pre-approve or pre-certify MCLE programs. However, records of this program and attendance will be maintained by Lorman Education Services/Noggin Guru for auditing purposes. This activity may qualify for up to 1.0 hour(s) toward your annual CLE requirement for the State Bar of Arizona.
- CA MCLE 1.0
- Lorman Education Services/Noggin Guru is a State Bar of California approved MCLE sponsor and this course qualifies for 1.0 CLE hour(s) 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).
- GA CLE 1.0
- This program has been approved by the Georgia Commission on Continuing Lawyer Competency for 1.0 CLE hour(s).
- NH MCLE 1.0
- NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services/Noggin Guru believes this Ondemand course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 64 Minutes.
- NV CLE 1.0
- This program has been approved by the Nevada Board of Continuing Legal Education for 1.0 CLE hour(s).
- VT CLE 1.0
- This self-study program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.0 hour(s) of CLE credit. Please note: Attorneys may only claim 12 credits per compliance period in this format. This course is considered "Non-Moderated Programming without Interactivity".
HR Certification Institute 1.0
- This E-Learning 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/Noggin Guru Inc. 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.
To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.
- Those applying for AIA and HRCI must view 100% of the program and answer the questions following the program.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Add to Wishlist
More Program Information
Why Lorman?
Over 39 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
Equity Methods
- Managing Director, HR Advisory and SBC Valuation
- Leads the pay equity practice and supports clients with a wide variety of design, analytics, and valuation solutions for their compensation plans
- Areas of specialization include pay equity analysis, M&A and spin-out transactions, equity award modifications, compensation design modeling and employee share purchase plans (ESPPs)
- Known by her clients to provide effective solutions and taking complex technical concepts and distilling them into plain-English, user-friendly content to generate actionable insights for clients
- Key leader of many training, marketing, risk management, and process improvement initiatives
- Regular writer and presenter on pay equity and other equity compensation and pay topics internally and in multiple industry forums like WorldatWork and Equilar
Saswati Sen
Equity Methods
Saswati (Shash) Sen
- Senior Manager, HR Advisory and SBC Valuation
- Multiple engagements focused on the design, valuation and analytics of various equity compensation instruments
- Areas of expertise include various data-based and statistical analyses related to Pay Equity, Diversity and Inclusion, developing CEO pay ratio and other behavior assumptions for HR
- Known by her clients for providing exceptional service and customized solutions to their pay equity and stock based compensation needs that best fits their needs
- Presented internally via Equity Methods’ webinars and externally via. various industry forums like WorldatWork, CEP Symposium, and NASPP
- Published various thought leadership articles on the subject including articles in Workspan Daily.
Add to Wishlist
More Program Information
Why Lorman?
Over 39 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.
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.
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.
