Ways To Effectively Decide On Compensation Adjustments

Law360, New York (September 13, 2012, 2:04 PM EDT) -- The Lilly Ledbetter Fair Pay Act and increased focus on employer pay practices by the Equal Employment Opportunity Commission and the Office of Federal Contract Compliance Programs have brought increased attention to pay equity in the workplace. In the May 10, 2012 article in Employment Law360, Katharine Parker, Lawrence Lorber and Leslie Silverman addressed the reasons why companies choose to audit their own compensation, and they described in general terms the steps involved in conducting an audit.

The steps they outlined are:

Identify the factors that...
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