PR Newswire
ARLINGTON, Va., Dec. 6, 2017
ARLINGTON, Va., Dec. 6, 2017 /PRNewswire/ -- More than 70 percent of organizations have started taking action to address pay equity, but fewer than one-third of them believe they have been successful in closing existing pay gaps at their organization, according to CEB, now Gartner. With greater focus on pay equity, both in the media and among corporate leaders, many organizations struggle with how to close pay gaps and sustain pay equity among employees.
"The fact that so many organizations are taking steps to close pay gaps and address pay equity is very positive," said Monique McCloud-Manley, practice leader for CEB's Total Rewards Leadership Council. "That said, to really make an impact and achieve long-term success, leaders need to understand the problem holistically when designing solutions."
In order to tackle these challenges effectively, executives must understand these five insights about pay equity:
How Organizations Can Better Address Pay Equity
In order to avoid the serious consequences that come with pay gaps, employers should take three actions:
About CEB, Now Gartner
Leading organizations worldwide rely on CEB services to harness their untapped potential and grow. Now offered by Gartner, CEB best practices and technology solutions equip clients with the intelligence to effectively manage talent, customers, and operations. More information is available at gartner.com/ceb.
About Gartner
Gartner, Inc. (NYSE: IT) is the world's leading research and advisory company. The company helps business leaders across all major functions in every industry and enterprise size with the objective insights they need to make the right decisions. Gartner's comprehensive suite of services delivers strategic advice and proven best practices to help clients succeed in their mission-critical priorities. Gartner is headquartered in Stamford, Connecticut, U.S.A., and has more than 15,000 associates serving clients in 11,000 enterprises in 100 countries. For more information, visit www.gartner.com.
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SOURCE CEB
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