PayParity℠ Pay Equity Audits by Trusaic

Pay Equity Auditing | DEI Analytics

Contents

Always-on pay equity auditing

View your compensation data to identify pay disparities at the intersections of gender, race/ethnicity, age, disability, and more. Measure your progress in real-time and course correct when necessary so you’re always aligned with your pay equity goals.

Customized remediation strategies

Address identified pay disparities on your own timetable, budget, and level of acceptable risk. PayParity provides recommendations but allows for customized remediation strategies. Create adjustable remediation strategies, cost, and planning simulations to address pay disparities over time. See the effects of changing the compensation for one or more employees on the overall pay disparity and your budget.

U.S. and international pay equity compliance

Jurisdictions in the U.S. and abroad have sweeping pay equity requirements. PayParity ensures you have the tools to satisfy your reporting and government filing obligations on time and accurately. It’s time for you to communicate to the public that you’re an equal pay workplace champion.

Hiring, promotion, and retention analyses ensure ongoing equity

PayParity provides you with the tools to ensure equal opportunities for prospective and existing employees across your hiring, promotion, and retention processes. With PayParity, you can view these processes by position type, job level, diversity, representation, and incoming applicant pool. For federal contractors, this helps ensure alignment with your Affirmative Action Plan (AAP) and provides the documentation you need to prove it in the event of an audit.

Measure progress against your goals with ongoing DEI monitoring

Always-on DEI monitoring provides insight into your organizational makeup. View your diversity score, representation, and benchmark against the best-in-class. Gain valuable feedback from your employees on workplace dynamics, including a sense of belonging, company vision, and direction.

Dedicated pay equity and DEI consultant

Reviewing software is one thing. Having a dedicated pay equity expert to guide you through the data and analytics is another. At Trusaic, we’re regulatory experts, data masters, HR practitioners, and consultants in the fight to achieve pay equity. PayParity provides you with a designated advisor to assist with the implementation of your account and helps you understand key findings, develop remediation plans, and establish feasible pay equity and DEI-related goals.

Strategic communications show you care

Trusaic will assist you in communicating your DEI success to employees, shareholders, and the public at large. We give you the talking points and guidance on how to talk to the world about the progress you're making in a way that protects you from liability. More importantly, we’ll help you create and foster goodwill amongst your workforce so you can attract and retain the world's top talent.

Patented technology verifies data quality

Nothing is dirtier than workforce data. To combat this, Trusaic runs thousands of tests on your workforce data to identify quality issues that could undermine the pay equity audit analysis. Powered by patented technology, artificial intelligence, and machine learning, we ensure quality data is fed into the analysis. PayParity routinely analyzes your data so you can be 100% confident knowing the results are accurate. Trust in the input data creates trust in the resulting analysis. PayParity instills confidence that you are solving the pay equity, diversity, and inclusion challenges within your organization -- ultimately putting you in a position to demonstrate real progress and authentic change to the world.

Build a better workplace

We strengthen your organization by helping you foster an equitable workplace. Provide equal opportunities across your hiring, promotion, and retention processes. With PayParity’s advanced statistical modeling, filtering, and surveying you can see the direct impact your DEI initiatives are having on your business and your workforce.

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