Milestone 2: Create a pay equity plan

Key steps of creating a pay equity plan

The second milestone in the pay equity process is the development of a pay equity plan. This work involves: 

• Creating job classes; 
• Determining the value of the work; 
• Determining the gender predominance of job classes; 
• Calculating total compensation in dollars per hour for each of these job classes; 
• Comparing compensation to determine whether there are any differences in compensation between job classes of equal value; 
• Preparing the contents of the pay equity plan; and, 
• Posting the draft and final versions of the pay equity plan.  

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Creating a Pay Equity Plan - Webinar

Access this webinar to learn about creating a pay equity plan.