A Wage Gap Analysis is a great first step towards identifying opportunities within your workforce. This analysis provides a baseline of how women and men and employees of different races are paid in your organization to evaluate your organization’s progress in eliminating the raw wage gap. Additionally, our Wage Gap Analysis explores how external disparities in our society may be reflected in your organization. Through the Wage Gap Analysis, Berkshire experts will analyze your data and prepare your organization for taking the next step of conducting more thorough people analytics to optimize your bottom line.

Berkshire’s Compression Priority Report (CPR) is designed to help organizations review pay compression by Job Title or Pay Grade. The analysis identifies individuals in each of your organization’s Titles (Profiles) or Grades who have more experience (as measured by time in position, time at your organization, and external experience – or your own experience calculation) but who are paid less than others with fewer years of experience.  

This powerful tool provides your HR and Compensation teams with a data-driven approach to evaluate both pay compression and job title or grade placement concerns. The CPR report allows organizations to quickly and systematically identify pay compression issues, providing insights on steps you can take to reduce employee dissatisfaction and turnover rates for long-term employees.  

Global pay reporting obligations are becoming more burdensome and complex every day. From compliance with the EU Pay Transparency Directive to solutions satisfying Canadian Federal and provincial requirements to assistance with requirements in the Asia-Pacific region, Berkshire can reduce the burden associated with these growing regulatory requirements and provide your organization with the confidence that these reports are being completed, and reported, accurately.

Our data analytics experts work well with your dedicated legal counsel to help you address each jurisdiction’s requirements, compile the necessary data, and analyze your pay practices so you can strategically respond to these new laws. 

Our suite of comprehensive services is customized to address each jurisdiction’s requirements within your organization’s global pay framework. Ways we can help include:

• Calculating the gender pay gap for base pay and variable pay
• Developing representation metrics
• Identifying objective explanatory factors and recommended measures to close any gaps
• Classifying positions of equal value 
• Auditing your organization’s readiness to respond to global pay reporting requirements
• Preparing the required reports