Creating a Competitive Advantage through Pay Equity
Every organization should be in business for a particular purpose. DB Squared’s main purpose is to provide HR technology tools to improve efficiency, effectiveness and positive outcomes in the compensation arena. Johanson Group, sister company to DBSquared, provides compensation and strategic planning consulting to its clients around the U.S. Recently, we have taken several of our clients through a competitive advantage exercise to determine what their core strengths are and how to use them to maintain and grow their competitive advantage for five to ten years in the future.
When an organization can show that their pay practices and policies are equitable and consistent with no difference to gender, ethnic background or age, a competitive advantage will exist as there is still a pay differential for women and minorities in the workplace around the U.S. If you are not sure about your pay equity status, we can assess and implement a compensation program that provides your organization with one more competitive advantage and will increase the level of employee satisfaction and transparency.
Learn more by visiting www.dbsquared.com or request a free consultation by visiting https://www.dbsquared.com/consultation-request-ty/.