pay equity audits

A pay equity audit is a review conducted by an organization to ensure that employees are paid fairly and equally for similar roles and responsibilities, regardless of gender, race, or other characteristics. It involves analyzing salary data to identify gaps or disparities, determining whether differences are justified by factors like experience or performance. The goal is to promote fair compensation practices, address potential biases, and ensure compliance with labor laws. Essentially, it's a transparent check-up to ensure everyone is paid fairly for their work.