About Pihr Pay Equity
Pihr Pay Equity is a pay equity software from Pihr – Performing Ideas HR that helps manage pay equity analysis, equal pay audits, and gender pay gap reporting. It combines features such as Pay Equity Software, Rewards Advisory, and Integrations so organizations can identify and resolve pay inequities effectively. Trusted by over 500 customers, Pihr Pay Equity enables users to get started quickly and supports flexible job evaluation processes. The software is user-friendly, making it suitable for businesses of all sizes looking to improve pay equity practices. Key capabilities: Pay Equity Software Rewards Advisory Integrations Equal Pay Audits Gender Pay Gap Reporting Best for: HR professionals and organizations that need to conduct pay equity analysis and audits.
Pihr Pay Equity is a specialized performance management software designed to help organizations ensure fair and equitable compensation practices. Aimed at HR professionals, payroll managers, compensation analysts, and business executives, the platform provides tools to identify and rectify pay gaps based on gender, ethnicity, and other diversity factors. The software simplifies compliance with pay equity regulations and enables businesses to conduct audits with ease. By leveraging data analytics, Pihr Pay Equity helps organizations make informed decisions about salary adjustments and ensures transparency in their compensation structures. One of its key features includes automatic pay gap calculations, which provide insights into discrepancies in employee salaries. Additionally, the platform generates reports that facilitate data-driven discussions and compliance with legal frameworks related to fair pay practices. The user interface of Pihr Pay Equity is designed with simplicity and efficiency in mind. The dashboard is well-organized, presenting critical data in a clear and easily digestible manner. HR professionals and compliance officers can quickly navigate through different sections of the software, accessing pay gap analysis, reporting tools, and audit logs without unnecessary complexity.
Pros & Cons
- +Ensures Legal Compliance: The software is designed to help organizations comply with pay equity laws and regulations, including EU Pay Transparency directives and local market requirements.
- +Saves Time & Resources: Automates the pay equity analysis process, reducing the time spent on equal pay audits by up to 90% compared to manual methods.
- +Identifies and Resolves Pay Inequities: Pinpoints unjust salary disparities based on gender, race, and ethnicity, enabling organizations to address and rectify these issues.
- +Provides Actionable Insights: Offers automated analysis, written action plans with salary adjustment recommendations, and cost calculations to facilitate pay equity improvements.
- +Flexible Job Evaluation: Accommodates existing job evaluation systems or offers a built-in points-based system for organizations needing a standardized approach.
- +Streamlines Data Management: Simplifies the process of importing data from payroll systems, making analysis more efficient.
- −Pricing Not Transparent: The webpage does not openly display pricing information, requiring users to book a demo to inquire about costs. This lack of transparency can be a barrier for quick evaluation.
- −Potential Complexity for Initial Setup: While advertised as easy to use, implementing any new software, especially one dealing with sensitive payroll data and job evaluations, might involve an initial learning curve and setup effort.
- −Reliance on Data Accuracy: The effectiveness of the software heavily depends on the accuracy and completeness of the data imported from payroll systems. Data entry errors or inconsistencies could impact the analysis results.
Features
Key features
- Compliance
- Helps you meet legal requirements for pay equity, including those related to gender, race, and ethnicity.
- Automated Analysis
- Identifies unjust salary disparities automatically.
- Action Plan
- Provides a written action plan with recommended salary adjustments at the individual level.
- Cost Calculation
- Calculates the costs associated with salary adjustments.
- Compliance Reports
- Generates written reports that comply with pay equity legislation in your local markets.
- Flexible Job Evaluation
- Allows you to use your existing job evaluation system or utilize the software's points-based system.
- Data Import
- Enables easy data upload from your payroll system.
- Global Reach & Local Expertise
- Supports organizations with employees in multiple countries, with expertise in legal requirements across 90+ countries.
Additional features
- Pay Equity Analysis Software
- Specifically designed to analyze pay equity within organizations.
- Equal Pay Audits
- Facilitates the process of conducting equal pay audits to identify and rectify pay disparities.
- Gender Pay Gap Reporting
- Assists in generating reports required for gender pay gap transparency initiatives and regulations.
- Compliance Focused
- Helps organizations meet legal requirements related to pay equity and equal pay in various markets.
- Automated Disparity Identification
- Automatically detects unjust salary differences based on protected characteristics like gender, race, and ethnicity.
- Actionable Recommendations
- Provides a written action plan detailing recommended salary adjustments needed at the individual employee level to close pay gaps.
- Cost Impact Analysis
- Calculates the total financial cost associated with implementing the recommended salary adjustments.
- Legally Compliant Reporting
- Generates written reports that adhere to the specific pay equity legislation and reporting standards of local markets.
- Flexible Job Evaluation Integration
- Supports Existing Systems
- Allows organizations to continue using their current job evaluation frameworks and methodologies.
- Software-Assisted Job Matching
- Offers features to help identify similar and equivalent job positions within the organization if needed.
- Points-Based System
- Includes an optional points-based job evaluation system within the software, assessing job roles based on factors like education, experience, problem-solving, and responsibilities.
- Simplified Data Import
- Enables users to easily upload employee data directly from their existing payroll systems into the software.
- Global Regulatory Expertise
- Offers solutions and support for organizations operating in multiple countries, with specific knowledge of legal pay equity requirements in over 90 countries.
- Software as a Service (SaaS)
- Cloud-based platform requiring no local installation, allowing for quick and easy access and deployment.
- Multi-Lingual Support
- Available in 5 languages, catering to a global user base.
- Robust Data Security
- Employs high standards of cloud security to protect sensitive employee data and ensures compliance with GDPR (General Data Protection Regulation) for data privacy.
- Expert Advisory Services
- Provides access to Pay Equity Experts who can offer guidance and support in using the software and understanding pay equity principles.
- Unlimited User Access
- Offers accounts with unlimited user licenses, enabling broad access and collaboration within organizations.
- Complimentary Support
- Provides free customer support via phone and email during standard business hours (Monday-Friday).
- Objective, Gender-Neutral Analysis
- Ensures analysis is conducted using objective and unbiased factors, removing gender bias from pay equity assessments.
- Comprehensive Analytical Documentation
- Delivers thorough written documentation of the pay equity analysis process and findings.
- PowerPoint and Excel Reporting
- Offers reporting outputs in commonly used formats like PowerPoint and Excel for presentations and further data manipulation.
- Automated Action Planning
- Automatically generates action plans and calculates associated costs to streamline the process of addressing pay inequities.
- Anonymous Reporting Options
- Includes features for anonymous reporting, potentially for sensitive internal communications or specific compliance needs.
- Customizable Branded Reports
- Allows for the creation of branded reports, adding a professional touch for external or internal stakeholders.
- Red Flag Identification (Explore & Enterprise Licenses)
- "Explore" and "Enterprise" license levels include a "Red flag report" to highlight potential areas of significant pay inequity for further review.
- Customizable Reporting (Explore & Enterprise Licenses)
- "Explore" and "Enterprise" licenses offer options for customized report generation to meet specific organizational needs.
- Presentation Ready Materials (Explore & Enterprise Licenses)
- "Explore" and "Enterprise" licenses provide materials designed for presentations to stakeholders on pay equity findings.
- Median and Mean Value Reporting (Explore & Enterprise Licenses)
- "Explore" and "Enterprise" licenses offer the flexibility to report using either median or mean values, depending on the preferred analytical approach.
- Multi-File Data Upload (Enterprise License)
- The "Enterprise" license supports uploading data from multiple files, useful for larger or more complex organizational data structures.
- Aggregated Reporting (Enterprise License)
- The "Enterprise" license provides aggregated reporting features, potentially for consolidated views across different departments or business units.
- Choice of Analysis Methods (Enterprise License)
- The "Enterprise" license allows users to select between different analysis methods based on their organizational structure and preferences.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About Pihr Pay Equity
Pihr Pay Equity is a pay equity software from Pihr – Performing Ideas HR that helps manage pay equity analysis, equal pay audits, and gender pay gap reporting. It combines features such as Pay Equity Software, Rewards Advisory, and Integrations so organizations can identify and resolve pay inequities effectively. Trusted by over 500 customers, Pihr Pay Equity enables users to get started quickly and supports flexible job evaluation processes. The software is user-friendly, making it suitable for businesses of all sizes looking to improve pay equity practices. Key capabilities: Pay Equity Software Rewards Advisory Integrations Equal Pay Audits Gender Pay Gap Reporting Best for: HR professionals and organizations that need to conduct pay equity analysis and audits.
Pihr Pay Equity Details
Pihr Pay Equity's In-App Market Place
Does Pihr Pay Equity have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CNY (¥)
Pros & Cons
- Ensures Legal Compliance: The software is designed to help organizations comply with pay equity laws and regulations, including EU Pay Transparency directives and local market requirements.
- Saves Time & Resources: Automates the pay equity analysis process, reducing the time spent on equal pay audits by up to 90% compared to manual methods.
- Identifies and Resolves Pay Inequities: Pinpoints unjust salary disparities based on gender, race, and ethnicity, enabling organizations to address and rectify these issues.
- Provides Actionable Insights: Offers automated analysis, written action plans with salary adjustment recommendations, and cost calculations to facilitate pay equity improvements.
- Flexible Job Evaluation: Accommodates existing job evaluation systems or offers a built-in points-based system for organizations needing a standardized approach.
- Streamlines Data Management: Simplifies the process of importing data from payroll systems, making analysis more efficient.
- Pricing Not Transparent: The webpage does not openly display pricing information, requiring users to book a demo to inquire about costs. This lack of transparency can be a barrier for quick evaluation.
- Potential Complexity for Initial Setup: While advertised as easy to use, implementing any new software, especially one dealing with sensitive payroll data and job evaluations, might involve an initial learning curve and setup effort.
- Reliance on Data Accuracy: The effectiveness of the software heavily depends on the accuracy and completeness of the data imported from payroll systems. Data entry errors or inconsistencies could impact the analysis results.
Pihr Pay Equity's Support Options
Email Address
info@pihr.comContact
0046856643400Pihr Pay Equity's Alternatives
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