Conducting a Compensation Analysis
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This one and one-half day program offers guidance on how to conduct a self-analysis for potential compensation discrimination under Title VII and the Equal Pay Act. The program also addresses the compensation analyses required under OFCCP's new regulations and covers strategies for managing an OFCCP audit of your compensation practices.
The course will focus on what the EEO or compensation practitioner needs to know and be able to do to conduct the newly required compensation self-analyses, to present compensation analyses to the OFCCP, and to ensure that the company's compensation practices are legally defensible. The course is appropriate for both EEO and compensation professionals. EEO professionals will benefit by learning the strategies and techniques currently used by OFCCP to evaluate compensation practices during audits. In addition, guidance on identifying statistical pay patterns that may give rise to inferences of race or sex discrimination will be useful as part of an ongoing EEO monitoring program. Compensation professionals will learn how to supplement their traditional evaluation of pay practices with an assessment of legal vulnerabilities to discrimination suits based on race or gender. Compensation professionals also will learn how best to coordinate their expertise with that of the company's EEO professionals to manage an OFCCP audit of compensation.
The course begins with a brief overview of the legal and statistical principles involved in compensation analysis followed by the presentation of a sample pay analysis. Against this background there is a more in-depth review of the questions that need to be addressed in evaluating your company's compensation systems. We will conduct a step-by-step review of a statistical methodology designed to pinpoint workforce units with potentially problematic statistical pay patterns. In addition, non-statistical "cohort analyses" are discussed as a way of determining whether any problematic statistical pay patterns that have been identified can be justified. The trainers' use of EEAC's Comp Auditor® II software in presenting this information avoids the need for a thorough understanding of statistical methodologies. Managing OFCCP's review of your compensation system and strategies for conciliating alleged pay violations found by OFCCP also are addressed. The program concludes with a demonstration of EEAC's Comp Auditor® II software.
Topics covered during the course include:
- Overview of the legal landscape
- Purpose of Analysis
- Current OFCCP National Office Compensation-Related Initiatives
- Current Trends in OFCCP Compensation Investigations
- Defending Pay Practices
- Understanding Statistical Procedures
- Developing a Regression Model
- Considerations in Making Pay Adjustments
- What Should Contractors Do Now?
|Licenses / Designations / Educational Credits:||CE|
All US States: 10.25
All Canadian Provinces: 10.25
|About The Provider:
||The Equal Employment Advisory Council (EEAC) is the nation's only employer association dedicated exclusively to the advancement of practical and effective equal employment opportunity (EEO) and affirmative action compliance programs to eliminate workplace discrimination.
EEAC is a nonprofit association founded in 1976 to promote effective fair employment practices. Comprised of over 330 major corporations, EEAC is staffed by lawyers and HR professionals with expert knowledge and practical experience in dealing with EEO and affirmative action compliance issues.
Membership is corporate, meaning that anyone employed by a member company is eligible to benefit from EEAC's wide array of member services.
Member services include weekly memoranda that provide practical analysis and guidance on current regulatory and judicial developments and best practices; a telephone clearinghouse service where members can talk directly with EEAC staff experts on particular issues; a complete EEO/affirmative action training curriculum; forums and special meetings throughout the year; and an extensive variety of EEO and affirmative action resources.
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|Keywords For This Course:|
EEO, affirmative action, equal employment opportunity, workplace compliance, compensation, discrimination
|Currently Scheduled Dates For This Seminar|
|Conducting a Compensation Analysis||Washington, DC, DC||6/21/2017||
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