Class-action law suits are in the news and have company executives buzzing: “Do we have unknown risks?” “How do we check our exposure quickly and reliably?”

This recorded web briefing discusses this threat as well as the role of diversity and proactive measurement in effective workforce management. We covered these issues briefly, then addressed solutions and questions.

•       Mercer experts reviewed a recent case in which federal regulators identified a small unit of a large company as having potential pay-equity issues, including a potentially significant liability. By having proactively addressed  the issue, the company  was able to comply with regulations and reduce their liability by 93%.      We will describe persistent “glass ceiling” issues and how women in one organization were channeled (and sometimes self-selected) into career tracks that accounted for pay disparities later on.

•       Then we will review the business case –beyond compliance and risk management – for embracing diversity. Developing a broad-based labor pool that mirrors the makeup of your customer base is one of many sound business goals we will address. We’ll also consider some hidden costs of diversity, including increased turnover.

•       Finally, we will demonstrate a new software package – the Mercer Pay Equity Calculator^TM – that can scan your ranks and payrolls for outliers and possible risks … and allocate limited budgets to rectify potential inequities.

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