Salary Equity Software - HR Equator
Salary Equity Software
HR Equator is the most comprehensive and advanced salary equity software tool on the market. This proprietary software program enables a company to identify potential pay equity problems in its organization and, in turn, can assist in making salary adjustments if necessary. The software was developed with human resources professionals in mind. Basically, the software enables the non-technical HR professional to conduct advanced statistical analyses without being a statistician. HR Equator utilizes the most advanced statistical analyses that are accepted by the courts, EEOC, and the OFCCP, and the reports can be used to conduct comprehensive proactive or reactive analyses as part of an OFCCP or EEOC investigation. This software tool has been recognized as exactly what employers need to avoid costly compensation settlements and ensure non-discrimination in their pay practices.
Mirroring the methodologies employed by both the EEOC and the OFCCP, and recognized by the courts, these analyses and features include:
- Multiple Regression Analysis
- Program to Help Create Pay Analysis Groups
- Generation of Item 11 Report and Excel file
- Statistical Significance Tests (t-tests, Fisher’s exact test)
- Analyses Comparing Race/Ethnicity Sub-Groups as well as Minority-Nonminority Comparisons
- Factor Pattern Analysis
- Correlation Analysis
- Cohort Analysis (small group and large group)
- Back Pay Calculator
- Descriptive Statistics and Frequencies
The U.S. Department of Labor today announced two final rules to improve hiring and employment of veterans and people with disabilities.
The Veterans’ Employment and Training Service (VETS) of the U.S. Department of Labor has issued the final rule to revise reporting requirements for federal contractors and subcontractors under the Vietnam Era Veterans’ Readjustment Act of 1974, as amended (VEVRAA). The final rule, which is intended to minimize paperwork burdens for contractors, was published in the Federal Register on September 25, 2014. In spite of the effective date of October 27, 2014, contractors will not be affected until the 2015 annual reporting period. Below is an outline of the key differences between the VETS-100A report and the new VETS-4212 report:
- The VETS-100A Report is now named the VETS-4212 Report.
- The VETS-100 Report is rescinded, rendering obsolete