Reward Strategy | Pay Equity

Pay Equity Word Bubble-770Simply put, pay equity is “the same pay for different work of equal value”. However, the issue is much broader than that, pay inequity is a systemic challenge.

Addressing pay equity involves more than understanding pay levels and using job analysis tools. It requires working across a range of areas, including traditional organisation structures, and addressing long embedded attitudes and customs.

Pay and employment equity cannot be achieved for women or men unless the ways gender is affecting employment are identified and addressed.  

Many businesses have objectives to eliminate the gender pay gap altogether within the next few years and it is becoming increasingly important to investigate, understand and report on gender inequity. There is both a business need and an opportunity to focus on the pay and employment equity in your workplace. 

We are working alongside organisations such as the Ministry for Women, YWCA and RemNet to look at the best ways we can help organisations address this issue.

Read our formal organisational Pay Equity Statement HERE>

How Strategic Pay can assist:

Strategic Pay has developed proprietary tools and has the depth of information and expertise to assist organisations to explore and address equity in the workplace. These include: analytical job evaluation methodologies; unbiased, job-related market information and remuneration advice; gender pay equity audit, analysis and investigation techniques and tools. We provide training and assistance to consultants and clients to avoid bias in job evaluation and remuneration processes and policies. 

Gender Analysis Tool

Use our free gender analysis tool to understand gender diversity in your organisation. This Excel based tool, with an interactive dashboard, provides a good starting point to identify if this is an area of concern within your organisation. We can then assist you to explore further to identify possible contributors to any gender pay gap and work with you to address the underlying issues.

Fill in your details and download your complimentary version of the tool HERE>

Analysing the Gender Pay Gap in New Zealand Booklet

Our analysis shows that there is an overall gender pay gap of 18.5% in New Zealand! More than ever before, it is imperative that organisations examine the gender pay gap within their organisation. Strategic Pay are pleased to announce that our complimentary Pay Equity Booklet on Analysing the Gender Pay Gap is now published! Through in-depth analysis, we aim to give some insights into the current pay gaps within the New Zealand context and allow organisations to consider how they stack up within their sector or industry. Our findings can help inform decisions and encourage organisations to take a more active role in reducing their gender pay gap. 

Download the free booklet HERE>

Purchase Industry / Sector Breakdown of Gender Pay Gap

Our data allows us to dive into the Gender Pay Gap by Industry so that we can see which industries are leading the charge and which of those are falling behind. We have a number of industries / sectors available to purchase a breakdown of the pay gap across benefits, base, fixed and total remuneration.

Purchase a breakdown HERE>

If you would like to discuss how Strategic Pay can support you to address Gender and Pay Equity in your organisation, please get in touch with one of our local consultants.

Upper North Island: CATHY HENDRY>
Lower North Island: LYN BRIESEMAN>