About PayParity
PayParity is a pay equity analysis software from Trusaic that enables companies to remediate pay inequities and make compliant pay decisions. It combines pay equity analysis, EU pay transparency directive compliance, and ACA compliance features to help organizations meet their regulatory obligations. PayParity also supports tax credits and sign-in pay equity, which allows businesses to confidently report and comply with global pay transparency requirements. The software enables users with guided pay decisions and includes AI-powered R.O.S.A for improved remediation. Key capabilities: pay equity analysis EU pay transparency compliance ACA compliance tax credits sign-in pay equity Best for: HR professionals and compliance officers that need to address pay equity and ensure compliance with pay transparency regulations.
PayParity, a flagship offering from Trusaic, emerges as a globally trusted software solution designed to empower enterprises in achieving pay equity through meticulous analysis, remediation, and prevention of compensation disparities. Tailored for seamless integration with HRIS systems, it leverages real-time data to uncover inequities across gender, race, age, disability, and other demographics, serving the complex needs of Fortune 100 companies and beyond. With tools like R.O.S.A. (Remediation Optimization Spend Analysis), PayParity optimizes remediation budgets, ensuring impactful pay adjustments while adhering to international transparency laws. Its mission centers on fostering trust and reducing legal risk, making it an indispensable asset for organizations committed to unbiased pay practices. The interface of PayParity is thoughtfully engineered for accessibility and precision, delivering an intuitive, enterprise-grade experience through a secure single sign-on framework. By syncing with HRIS and payroll systems, it offers a streamlined dashboard where users can dissect compensation data, simulate remediation scenarios, and produce compliance reports with ease. Features like Salary Range Finder® enhance decision-making, while the Alaska Mobile capability ensures flexibility across devices.
Pros & Cons
- +Comprehensive global pay equity analysis ensures compliance.
- +R.O.S.A. optimizes remediation budgets effectively.
- +Certified integrations enhance data accuracy and security.
- +Supports intersectional analysis across multiple demographics.
- +Scalable for multinational enterprises with complex needs.
- −Pricing transparency is lacking, requiring direct contact.
- −May be complex for smaller firms without HRIS systems.
- −Focus on large enterprises might limit appeal for SMBs.
- −Advanced features could necessitate initial training.
- −Heavy reliance on integrations assumes robust existing tech
Features
Key features
- Global Pay Equity Analysis - Monitors pay data continuously to identify inequities and ensure compliance with transparency laws worldwide.
- True Intersectional Analysis - Examines pay disparities across gender, race, age, disability, and more in a single, comprehensive model.
- Legally Compliant Methodology - Employs defensible practices to avoid loopholes and ensure unbiased, transparent pay equity.
- Remediation Spend Optimization - Uses R.O.S.A. to run hundreds of simulations, maximizing the impact of pay adjustments within budget.
- EU Pay Transparency Compliance - Addresses pay gaps over 5% and meets “right to information” requirements under EU laws.
- Global Reporting Compliance - Generates tailored reports to satisfy unique jurisdictional transparency standards.
- Certified HRIS Integration - Imports data securely from systems like Workday and SAP for real-time analysis.
Additional features
- Global Pay Equity Analysis - Tracks compensation ongoingly to meet international transparency and compliance needs.
- True Intersectional Analysis - Analyzes disparities across multiple demographics in one advanced statistical framework.
- Legally Compliant Methodology - Ensures robust, defensible pay practices free of pre-set biases or gamification.
- Remediation Spend Optimization - Simulates hundreds of pay adjustments via R.O.S.A. for cost-effective remediation.
- EU Pay Transparency Compliance - Closes gaps exceeding 5% and aligns with EU disclosure mandates.
- Global Reporting Compliance - Produces customized reports tailored to diverse global regulatory requirements.
- Certified HRIS Integration - Connects securely with HRIS and payroll systems for efficient data management.
- Data Security - Maintains SOC 2 certification and Okta® single sign-on for top-tier protection.
- Salary Range Finder® - Guides unbiased salary decisions to prevent future inequities.
- Enterprise-Ready Design - Scales to meet the complex pay equity demands of multinational corporations.
Pricing
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About PayParity
PayParity is a pay equity analysis software from Trusaic that enables companies to remediate pay inequities and make compliant pay decisions. It combines pay equity analysis, EU pay transparency directive compliance, and ACA compliance features to help organizations meet their regulatory obligations. PayParity also supports tax credits and sign-in pay equity, which allows businesses to confidently report and comply with global pay transparency requirements. The software enables users with guided pay decisions and includes AI-powered R.O.S.A for improved remediation. Key capabilities: pay equity analysis EU pay transparency compliance ACA compliance tax credits sign-in pay equity Best for: HR professionals and compliance officers that need to address pay equity and ensure compliance with pay transparency regulations.
PayParity Details
PayParity's In-App Market Place
Does PayParity have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
NA
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CHF (CHF), CNY (¥), INR (₹), RUB (₽)
Pros & Cons
- Comprehensive global pay equity analysis ensures compliance.
- R.O.S.A. optimizes remediation budgets effectively.
- Certified integrations enhance data accuracy and security.
- Supports intersectional analysis across multiple demographics.
- Scalable for multinational enterprises with complex needs.
- Pricing transparency is lacking, requiring direct contact.
- May be complex for smaller firms without HRIS systems.
- Focus on large enterprises might limit appeal for SMBs.
- Advanced features could necessitate initial training.
- Heavy reliance on integrations assumes robust existing tech
PayParity's Support Options
Email Address
discover@trusaic.comContact
+1 (213) 382-1115PayParity's Alternatives
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