Our Innovative Software Inspires Teams to
Identify, Address, and Monitor Pay Equity Gaps

Pay equity refers to the principle that all employees should be paid fairly and equitably, regardless of their gender, race, or other factors that are not job-related. It helps to promote fairness in the workplace and reduces the risk of legal liability and reputational damage associated with wage discrimination. In some areas of the world, there are laws in place to govern pay equity. In these cases, failure to comply can result in fines, lawsuits, or other penalties. 

There are other important reasons to examine your current practices and perform a pay equity analysis. A thorough analysis can help you to learn more about your internal business practices, attract the right talent, reduce turnover, enhance productivity, minimize pay-related conflict, and mitigate legal & reputational risk.

Through advanced analytics, Korn Ferry Pay Equity allows you to identify pay disparities by factors such as gender and ethnicity, use real-time modeling to plan budget-conscious adjustments, and access tools to track progress over time. 

It empowers you to make data-driven decisions that build equitable and transparent compensation structures, supporting organizational goals. With actionable insights and measurable results, Korn Ferry Pay Equity is the go-to solution for achieving meaningful pay equity progress.