Pay equity means equal pay for work of equal value.

Question

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Pay equity refers to the concept of providing equal compensation to employees who perform work of equal value, regardless of their gender, ethnicity, or other personal characteristics. This means that if two employees perform similar roles and have comparable skills, experience, and qualifications, they should receive the same pay, regardless of traditional or historic pay differences. Achieving pay equity is an important goal in creating an inclusive and equitable workplace that values diversity and provides fair and equal opportunities for all employees.

Pay Equity Means Equal Pay for Work of Equal Value