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Decoding Pay Equity: Trends, Challenges, and Solutions with Joanna Colosimo
How does pay transparency impact pay equity?
In this episode of the HR Mixtape podcast, host Shari Simpson sits down with Joanna Colosimo, an IO psychologist and pay equity expert from DCI Consulting Group. They discuss the latest trends in pay equity, challenges in achieving pay equity, and the impact of pay transparency on organizations.
Key Takeaways:
- Latest Trends in Pay Equity: Joanna highlights the global, state, and federal initiatives focusing on pay equity, emphasizing the importance of compliance with regulations.
- Challenges in Achieving Pay Equity: The episode delves into the complexities of achieving pay equity, including historical salary disparities and the need for annual pay equity reviews.
- Impact of Pay Transparency: The discussion explores how pay transparency laws are holding organizations accountable and empowering employees to ask strategic questions about their pay.
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