Need to do question number 4 of case study?What is the value of conducting a pay equity audit?

1 answer below »
Need to do question number 4 of case study?What is the value of conducting a pay equity audit?
Answered Same DayMay 10, 2021

Answer To: Need to do question number 4 of case study?What is the value of conducting a pay equity audit?

Preeta answered on May 15 2021
135 Votes
TITLE OF PAPER IN CAPS    1
TITLE OF PAPER IN CAPS         3
Gender Pay Gap
Name of Student
Institution Affiliation
Course
Code
Value of conducting pay equity audit
Gender equality requires fai
r wages for similar or equivalent jobs for men and women. In a more realistic way, it ensures that workers following professional practice insure that men and women doing the same role earn fair compensation. Furthermore, men and women doing equivalent merit jobs should obtain the same benefits, salaries. Working practices are measured in a non-discriminatory fashion. This is achieved by the assessment of talents, duties and requirements of each position or form of employment. There is always value present for pay equity audit even after the role itself is specific, and workers are compensated appropriately. Moreover, it ensures proper woman workers exposure to job-based development, advancement or flexible work conditions across the hierarchical frameworks and procedures of the workforce.
In Australia there is a gender disparity between women and males, according to the figures released by the Australian Bureau of Statistics. The average weekly wage for full-time employees was around 17% less for women in February 2011 than men (Barrett & Staneva, 2017). There are several explanations for the wage disparity between women and men. There have been a variety of structural reasons that create the gender wage disparity. Main explanation for the gender wage disparity are, the underestimation of expertise in sectors and places where women predominate, Beside, in recent years, women's lack of exposure to training on the basis of jobs is one of the driving factors. In addition to this, there is different eligibility criteria and different rates of discretionary salary qualifications, compensation, incentives and reward. Another main explanation for the gender wage disparity is the inflexible structure, which...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here