{"id":9993,"date":"2024-09-26T13:09:42","date_gmt":"2024-09-26T13:09:42","guid":{"rendered":"https:\/\/gorh.flywheelsites.com\/assessing-total-compensation-and-pay-equity\/"},"modified":"2023-02-28T11:56:37","modified_gmt":"2023-02-28T11:56:37","slug":"assessing-total-compensation-and-pay-equity","status":"publish","type":"page","link":"https:\/\/gorh.co\/en\/assessing-total-compensation-and-pay-equity\/","title":{"rendered":"Assessing total compensation and pay equity"},"content":{"rendered":"\n
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Assessing total compensation and pay equity<\/h1>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/section>\n\n\n
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\n As an employer, you want to attract top talent by offering competitive pay. But do you fully understand your obligations under the Pay Equity Act?
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\n \n Find out more<\/span>\n Find out more<\/span>\n <\/a>\n <\/div>\n <\/div>\n <\/div>\n
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Pay equity
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\n Calculate the number of employees in your organization
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\n If your organization has ten or more employees, then it is subject to the Pay Equity Act. We will help you determine the size of your company and the procedures required to comply with your legal obligations.
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\n Conducting your first pay equity exercise
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\n Is your organization subject to the Pay Equity Act for the very first time? We can help you conduct your first pay equity exercise.
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\n Ensuring pay equity
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\n Once the exercise has been completed, you must continue to monitor your pay equity, ideally on an annual basis. We can help you stay competitive as a company.
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Total compensation
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\n Benchmark your salaries
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\n In either an open or closed benchmarking study, we evaluate the range of minimum, median, and maximum salaries to help you determine where your pay rates stand in the current market.
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\n Create your total compensation package
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\n In addition to salary, you need to showcase the various benefits that are available to your employees. We can help you take stock of what you have to offer.
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\n Set up your pay structure
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\n Your pay structure, aligned with your company vision, not only allows you to stay competitive in today\u2019s job market, but also to promote internal equity to attract and retain top talent.
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\n When should you consider our total remuneration and pay equity services?
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\n You need to redefine your total compensation package
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\n Are you struggling to hold your own in an ultra-competitive market? Are you grappling with a shortage of talent? Though it may be tempting to simply focus on increasing salaries, maintaining your company\u2019s competitive edge is also crucial. Find out what sets your company apart from the competition with our team of experts\u2014they know all there is to know about total compensation and pay equity.
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\n You need to conduct a pay equity exercise
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\n Has your company hit the 10-employee mark and is now subject to the Pay Equity Act? You have four years to complete your pay equity exercise. Do you lack the time and resources to tackle this task? Our team will work alongside you during your first exercise and throughout the renewal process. By doing so, you will not only comply with your obligations as an employer, but you will also secure the engagement of your current staff.
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\n You want to make your working conditions more attractive
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\n If you are looking to enhance your market appeal and competitive edge, there is a whole host of benefits you can consider including in your total compensation package. Learn more about the options available from our team of total compensation and pay equity specialists!
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