Vertical Distinct recently published an article that discusses how employers can use analytics and benchmarking data to ensure equitable pay and better identify potential pay gaps. In this article, ADP’s Jennifer Cambern, Vice President of Product Management and Chief Product Owner for ADP, outlined three critical elements in better identifying potential pay gaps in jobs performed by people.
- First, the amount of data the organization has.
- Second, the taxonomy of jobs i.e. how jobs are being classified.
- Third, the organization’s ability to classify the data to help individuals make good decisions.
Read the full article here: Developing deeper insight into your pay practices