Pay Equity Trends in Global Compensation

2023 Annual

With the rapidly evolving global workforce and changes in legislation, it is now essential for companies to prioritize pay equity to evolve as an employer of choice. According to a recent study by Mercer, companies that prioritize pay equity have a competitive advantage in attracting and retaining top talent, leading to increased employee engagement and improved business outcomes. The study found that companies with the most equitable pay practices had a 14% lower turnover rate than the companies with less pay equity. 

Join G-P's Director of Global Compensation Stephanie Varner, who will share best practices for implementing effective pay equity practices in your organization. 

Attendees will learn: 

  • The different types of pay equity figures commonly used, and their distinct purposes. 
  • The reporting requirements for organizations, including a review of recent legislation updates. 
  • Strategies for tackling pay equity within your organization, including methods addressing pay gaps. 

You’ll leave with a clear understanding of the importance of pay equity, how to ensure compliance with global pay equity legislation, and how to improve your current pay equity practices. Don’t miss this opportunity to stay ahead of the curve and learn how to promote fairness and equity in your company’s compensation practices. 

In-person session offerings are on a first-come, first-served basis.

To view all event accessibility & accommodations details visit here.

If a speaker has provided session materials, please visit https://presentations.shrm.org

Date(s) & Time(s): 
Tuesday, June 13, 2023 - 11:00am to 11:20am
Presenter: 

Stephanie Varner

Stephanie
Varner

Stephanie Varner is the Director of Global Compensation at G-P where she leads the company’s global compensation strategy, design, and execution. Leveraging her broad HR knowledge and experience, she specializes in the development of innovative compensation solutions aligned to business needs while ensuring equity across the globe.

Location: 
Spotlight Stage (W1)
Session Type: 
Spotlight Stage
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