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Companies should utilize real-time compensation data to ensure equal pay

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Chris Jackson
Contributor

Chris Jackson is the vice president of client development at CompTrak, a compensation management software provider based in Toronto.

Diversity, equity and inclusion (DEI) initiatives are often thought to be an issue that can be solved by intuition by some segment of the HR team. However, in reality, it needs to come from a data-driven approach that encompasses the entire workforce.
The primary aspect that companies usually look to, in terms of treating employees fairly, is remuneration. However, having the conversation and agreeing on the need for equality doesn’t mean it will be achieved on an …

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