EquityPath Description
Identify, assess, and rectify possible wage inequalities based on race and gender among comparable employees by examining their individual salary records. Swiftly implement necessary adjustments to address any instances of discrimination and establish a just Reduction-In-Force (RIF) strategy that minimizes the risk of legal challenges during layoffs and furloughs. EquityPath RIF is a web-based tool tailored specifically for evaluating equity concerns related to RIF situations, such as layoffs and furloughs. It features an engaging user interface, advanced econometric models, and an accessible dashboard to pinpoint, quantify, and rectify potential discriminatory practices across various races and genders among similar jobholders. With EquityPath RIF, organizations can promptly respond to emerging discrimination issues and create a RIF framework that is not only fair but also reduces the likelihood of litigation, ultimately fostering a more equitable workplace environment. This software empowers employers to address complex equity challenges with confidence and clarity.
EquityPath Alternatives
Encompassing Visions
Encompassing Visions, industry-leading job evaluation and pay equity software, is the best choice for organizations that require transparent, comprehensive and objective Job Evaluation software to ensure equal pay for equal work.
ENCV has a distinct advantage over other job evaluation methods in that it can efficiently collect Job Data for every job within an organization. ENCV uses a multiple-choice questionnaire to measure 29 job characteristics and behavioral competencies that reflect organizational culture and competitive advantage. The software is easy to use and can be completed in less than an hour. It can also generate a Job Description that highlights job-specific skills, behavioral competencies, and evaluation reasoning. Finally, it can produce job evaluation results that are both compliant with Pay Equity and reflect each role's unique contribution to organizational success.
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CompUp
CompUp is an all-in-one compensation management platform designed to help rewards teams benchmark, plan, and communicate compensation to support fair pay. By bringing all compensation data and benchmarks together, it provides valuable insights for running appraisal simulations and managing executive appraisals with ease.
Core Product Modules:
Survey Management: Centralizes the handling of all compensation surveys.
Bands: Build and securely share pay bands across functions, job families, and levels.
Simulation: Conduct budget simulations to recommend employee-specific increments.
Appraisal Cycles: Streamlined multi-level budget approvals for business units.
People Analytics: Customizable dashboards offer deep insights for data-driven decisions.
Total Rewards Portal: Show employees the total value of their compensation.
Pay Equity Management: Identify and correct pay disparities to ensure compliance.
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Sysarb
Create a fair and just workplace to retain exceptional talent, minimize legal liabilities, and boost employee involvement with Sysarb’s innovative pay transparency platform. Our team of specialists is ready to assist you in becoming compliant and prepared for the evolving landscape of pay transparency. Instead of waiting for changes to unfold, take a proactive approach to gain an advantage over your rivals in this area. Discover our cutting-edge AI-driven pay equity module, which allows you to examine salary discrepancies, enhance compensation fairness, and foster workforce equality through intelligent, data-informed insights. Strengthen your team with our job architecture framework, which includes comprehensive job catalogs, defined career paths, and established pay grades, all contributing to a transparent compensation system. Utilize our benchmark analytics tool to achieve a clearer understanding of your compensation frameworks and refine your compensation strategies accordingly. With the support of our pay equity specialists, embark on your journey towards fair compensation and harness the potential of cultivating an equitable workplace that not only attracts talent but also inspires loyalty among your employees.
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Parity Software
Parity Software has simplified the complex pay equity process into an automated system, allowing you to confidently ensure that your employees receive fair compensation. Organizations that cultivate equitable environments are more likely to retain workers who feel appreciated, respected, inspired, and motivated to achieve their utmost potential. By automatically categorizing similar roles and conducting a pay analysis, Parity Software enables you to swiftly and objectively maintain internal pay equity throughout your organization, even as your team expands and changes. We assist in securing compliance and minimizing risks associated with pay disparities. Furthermore, when employees perceive fairness in their compensation, they are less inclined to seek opportunities elsewhere. By working together, we can create a transparent culture that builds trust and reinforces the importance of equitable pay within your organization. This commitment not only enhances employee satisfaction but also strengthens overall company morale.
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Pricing
Pricing Starts At:
$21 per month
Free Trial:
Yes
Integrations
No Integrations at this time
Company Details
Company:
EquityPath
Website:
www.equitypath.com
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Product Details
Platforms
Web-Based
Types of Training
Live Training (Online)
Webinars
Customer Support
Online Support
EquityPath Features and Options
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