Decoding Pay Equity: Trends, Challenges, and Solutions with Joanna Colosimo

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:

1. Latest Trends in Pay Equity: Joanna highlights the global, state, and federal initiatives focusing on pay equity, emphasizing the importance of compliance with regulations.
2. 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.
3. 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.

Joanna Colosimo is a seasoned Industrial and Organizational Psychologist with over 15 years of experience in workforce equity, pay equity, and OFCCP compliance. As Vice President at DCI Consulting Group, she leads efforts in non-discrimination, HR strategy, and diversity initiatives, providing high-level consulting to ensure legal compliance for federal contractors. With a master’s degree in Industrial and Organizational Psychology from Radford University and a SHRM-SCP certification, Joanna excels in guiding clients through audits and litigation support, while also contributing thought leadership through articles and speaking engagements.