The burden of student loan debt presents a significant financial challenge for millions of Americans. Student loan debt disproportionately affects people of color and women and contributes to wealth gaps. On average, African American student borrowers owe $25,000 more than white student borrowers, and women take on two-thirds of student debt. The impact of student […]
A model pay policy ensures fairness, competitiveness, and clarity for the employer and employees. A well-designed policy and consistent practices help to attract and retain top talent, and compliance with federal, state, and local requirements. A clear expression of values. A pay philosophy links organizational values that drive decisions about compensation. For example, a pay […]
Employers with operations in multiple locations have long grappled with concerns about how to handle compensation. Employers often offer geographic pay differentials, by adjusting base pay with locality pay to account for variations in the cost of labor and the cost of living. With increasing numbers of employees working remotely, many employers are facing new […]
Author: Sarah Crawford To prevent and address discrimination, harassment, and retaliation in the workplace, employers must provide effective policies and procedures. An effective policy sets expectations about behavior, provides examples of prohibited conduct, and explains the complaint and investigation process. Investigations should be conducted in a timely manner, and determinations should be communicated to the parties. […]