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California, the first U.S. state to pass a law on pay data reporting, is considering proposed legislation taking the requirements of the original bill even further. Senate Bill 973 on pay equity was passed in September 2020 and requires large employers to provide data on employees by race, ethnicity, and sex in the ten job categories and pay ranges used by the U.S. Bureau of Labor Statistics. The first data reports were submitted to the Department of Fair Employment and Housing (DFEH) in March 2021.

VÍS, the largest insurance company in Iceland, offers comprehensive insurance solutions in the consumer and corporate sectors. They have close to 200 employees, mainly in Reykjavik and in different field offices around the country.

Pay transparency has been regarded as an essential device to address and close pay gaps resulting from demographics, such as gender and race. New legislation, worldwide, aimed to address the gender pay gap - has in common an emphasis on more transparency in pay and pay decisions.

On December 3, 2021 Italy signed a new equal pay law (Law 162/2021) that seeks to tackle the pay gap between men and women and encourage the participation of women in the labor market. The law introduces some important amendments to the Italian Equal Opportunity Code (Legislative Decree 198/2006), which prohibits all direct and indirect remuneration discrimination for the same job or a job considered as having the same status. The new law, focusing on transparency and rewards, is consistent with the Italian National Recovery and Resilience Plan (PNRR), which contains, among other things, a National Strategy for gender equality for the years 2021-2026.

The idea behind the Pay Equity Act is to create a system that ensures equal pay for work of equal value.  An employer should pay the same for all the different jobs that contribute equal value to its operations.

Margret spoke with Al Adamsen, the host of People Data for Good, in a recent episode about Pay Equity, Algorithms, Neutrality of Data and AI.

Harvard Business Review just published this article, which is written by two of PayAnalytics' founders, Professors Margrét Bjarnadóttir and David Anderson, along with Professor David Gaddis Ross. It discusses how automation is changing HR and what we need to be aware of when applying Automation and AI in People Analytics.

The PayAnalytics platform is designed to support your pay equity journey every step of the way. In the last few months, we have added several new features that advance this goal.

Margrét Bjarnadóttir, Associate Professor of Management Science and Statistics and one of the founders of PayAnalytics, maps three major trends in legislation changes concerning pay equity, discussing the challenges of position and pay comparisons, implementing best practices, and increasing salary transparency. She proposes several forward-thinking options for companies, including integrating pay equity into corporate strategies to prepare for changing legislation.

In this article we offer answers to the most frequently asked questions on Spain's new Equal Pay legislation.

Discussions on fair pay practices, new research on gender and pay, and challenges in building fair compensation for startups.

Level the Paying Field is a Canadian podcast where issues related to economics, equity, women, work and money are discussed. Margret Bjarnadottir from PayAnalytics was a guest on their latest episode, entitled International Perspectives.