Posted on: July 3, 2017 by Huntersure LLC.
Establishing Pay Equity > Knowing the Law
In our last article, we went into depth about how employers can understand the laws of pay equity, make objective decisions for raises and bonuses, and how to implement a fair, written anti-discrimination policy. In this installment, we’re going to cover how to abide by these laws to prevent the business from coming under fire and facing legal trouble. As this uncertain legal future continues, ensure your clients are protected with a comprehensive Lawyer Professional Liability Insurance program.
In addition to understanding the laws that apply to your client’s firms, here is some additional information to share with them about how to abide by them.
Employers should refrain from using their employee’s prior compensation as a gauge for how much they’ll be paid in their current position. As women have been shown to earn 70 cents for every dollar a man makes, this is not a wise practice, and the firm could inadvertently be participating in pay discrimination. Evaluate the pay scale between positions that are typically male-dominated versus positions that are historically female-dominated to ensure equality.
According to ACC:
Huntersure LLC is a full-service Managing General Agency that has provided insurance program administration for professional liability products to our partners across the United States since 2007. We aim to provide exceptional, creative, and personalized insurance solutions to all members of the business world. Whether you need Lawyers Professional Liability Insurance or any other professional coverage, give us a call at (646) 751-3030 to learn more about the professional liability products and protection we offer.