Equitable Pay

Equitable pay means ensuring employees receive fair compensation for their work based on factors like skills, experience, responsibility, and performance. It aims to eliminate wage disparities caused by gender, race, or other unrelated biases, so everyone is paid appropriately for their contributions. Equitable pay promotes fairness and supports a diverse, inclusive workplace where all employees feel valued and motivated. It is about aligning pay practices with fairness principles, rather than strictly equal pay for everyone, recognizing that different roles and individual qualifications may warrant different compensation.