Equal Pay's Impact on Human Resource Management (HRM)
Equal Pay's Impact on Human Resource Management (HRM) What does it mean to have equal pay? E qual pay indicates that all employees have the right to be paid equally for equal-value work. It has been difficult to define what equal pay entails and make it a reality. It has been difficult to define equal remuneration for equal effort appropriately, and there have been various roadblocks in deciding how to efficiently implement this type of legislation (HR Search & Rescue, 2021). What role does human resource management play in ensuring fair compensation within an organization? Human Resource Management (HRM) is critical in a business for ensuring fair compensation for all employees, regardless of gender, color, or other characteristics. Pay equality is not only a legal obligation in many jurisdictions, but it is also an essential component of having a fair and inclusive workplace (Piazza, 2020). Best practices for equal pay Create clear pay systems and obje...