Equal Pay & Comp Audits
58% of organizations conduct pay equity reviews to identify possible pay differences between employees performing similar work, according to new survey data from the Society for Human Resource Management (SHRM).
23% found out someone of a different gender was paid more than they were even though had the same job and same experience.
19% who found out talked to other employees about the pay difference.
Then 27% started looking for a new job.
Source: SHRM.org
So what should you do?
Audit your organization’s current pay rates:
Check that rates meet minimum wage and minimum salaries.
Check for any obvious pay differences between similar jobs.
Document reasoning if there are questionable pay gaps.
PRO TIP: Check out our Compensation Audit if you want help!
Research the current market ranges for each position:
Be sure to adjust for geographical location.
PRO TIP: We highly recommend Church Salary as a source for pay data. This is an affordable resource that already takes location into account.
Create pay ranges for each of your positions/position types:
If you have different levels of admins or facility workers, use “I/II/II” to tier different pay ranges based on responsibility (i.e., a receptionist admin might make less than an admin who supports the lead pastor).