Salary Analysis
Ensure Pay Equity and Compliance Through Advanced Compensation Analytics
Solution at a glance
The Salary Analysis module is a specialized tool within the Strategic Workforce Planning, designed to address critical compensation challenges. It focuses on salary equity, gender pay gap analysis, and compliance with regulations such as the European Directive 2023/970 on pay transparency.
Establish Fair and Competitive Compensation Structures
Create or import salary benchmarks to compare your current compensation structures against industry standards or internal targets. Quickly identify and address any biased or unfair situations, ensuring your organization maintains equitable and competitive pay practices.
Visualize and Address Pay Equity Issues
Utilize the “As Is Dashboard” to clearly see how your employees’ salaries compare to chosen benchmarks. This immediate visualization allows you to spot potential pay equity issues at a glance and prioritize areas for review and action.
Model and Test Compensation Scenarios
Develop and simulate various compensation scenarios to address identified pay gaps while considering budget constraints. Whether adjusting individual salaries or applying merit increases, you can visualize the impact of your changes before implementation.
Streamline Budget Planning and Stakeholder Communication
After refining the hypothesis to achieve the optimal balance between bias reduction and budget constraints, you can export the hypothesis and related planned salary increases to Excel. This enables you to easily communicate proposed changes to financial stakeholders and ensure alignment with overall budgetary goals.
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Salary Analysis
full feature list
Salary benchmarking tools (internal and external)
Pay equity and gender pay gap analysis
“As Is” salary comparison dashboard
“To Be” scenario modeling
Salary adjustment simulation tools
Matrix-based increase planning (e.g., Merit Matrix)
Budget impact analysis
Compliance support for pay transparency regulations
Export capabilities for further analysis and reporting
Related resources
White Paper
Gender Equity in the Digital Age
How technology facilitates inclusive and fair workplace.
In this whitepaper, we explore how technologies such as Talentia HCM serve
as a catalyst for driving meaningful change in the pursuit of gender equity.
Blog
The Critical Role of Employee Experience in Shaping HR Strategies
In the field of Human Resources, achieving operational excellence and strategic foresight has become increasingly connected to the focus on employee experience.
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