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Pay Equity Audits

Turning 'we should look into that' into 'we did something about it

Fair compensation practices foster a culture of trust, boost employee morale, and enhance your company's reputation. By ensuring equal pay for equal work, you're not only doing what's right, but you're also positioning your organization as an employer of choice in a talent-driven market. That's why we've integrated our Pay Equity Audit Services into our proven AIDE process framework, ensuring a comprehensive, data-driven approach to fair compensation.

decorative hexagon honeycomb

paychecks shouldn't have a
glass ceiling

Our Approach to Achieving Pay Equity

The first step in our pay equity audit process is a thorough assessment of your current compensation practices and outcomes.

Defining Goals and Objectives

We start by working closely with your Executive, HR, and/or Benefits teams to clearly define your organization's pay equity goals and objectives. Together, we:

  • Identify the specific measures of pay equity that align with your values and priorities.

  • Select a pay equity framework that provides a structured approach to assessment and action.

  • Determine the scope of the audit, including which positions or job levels will be included.

  • Establish the types of compensation to be considered in the equity calculations, such as base pay, bonuses, benefits, and more.

Through this assessment, we establish a baseline understanding of your pay equity landscape and identify areas for further investigation.

Data Collection and Analysis

With clear goals and parameters in place, our team of experts conducts a thorough data collection and analysis process. This includes:

  • Identifying wage ranges for each position or authority level through extensive market research and benchmarking.

  • Gathering cost of living data for relevant regions and cities to ensure geographic equity.

  • Requesting and reviewing comprehensive payroll and HRIS reports.

Your Partner in Pay Equity 

At FIC Human Resource Partners, we're more than just consultants – we're your partners in creating a more equitable, engaged, and successful workplace. Our AIDE approach to pay equity audits ensures that you have the insights, strategies, and support you need to achieve and sustain fair compensation for all.

Ready to take a proactive approach to pay equity? Our team is here to guide you every step of the way. With our proven methodology and commitment to collaboration, we'll help you turn your equity aspirations into reality.

Contact us today to learn more about our Pay Equity Audit Services and how we can support your organization's journey to fair, transparent, and equitable compensation for all.

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