Wage & Compensation Analysis Services

Pay equity essentially means equal pay for equal work.

Employees with the same (or similar) responsibilities should receive comparable pay, regardless of their gender, race, ethnicity, or other protected classes.

Pay transparency is the practice of openly sharing pay information, including salaries, wage ranges, and benefits.

There is a growing number of states with pay transparency laws. These vary widely — some only require internal sharing of wage info, while others require public disclosure (usually in job postings).

Pay equity has both compliance and culture benefits.

On the compliance front, employers must comply with pay equity regulations to avoid hefty financial and legal penalties. Here are two of the key federal laws to know:

• U.S. Equal Employment Opportunity Commission’s Equal Pay Act (EPA): Prohibits pay discrimination based on gender for employees doing equal work in the same workplace.
• Title VII of the Civil Rights Act: Prohibits pay discrimination based on race, color, religion, sex, and national origin.

Many states have additional pay equity and transparency regulations.

Beyond legal compliance, pay equity also drives:

• Higher employee engagement, trust, and productivity
• Reduced turnover
• Competitive recruitment advantage
• Stronger brand reputation

A compensation analysis is the process of assessing your pay structure to ensure your people are being paid fairly and competitively.

It compares salaries, benefits, and other forms of compensation across your own team and against the current market.

If this feels like a lot to navigate, that’s exactly what our Wage & Compensation Analysis Services are here for.

Our compensation consultants handle the entire process and deliver a sustainable, competitive, and equitable compensation structure for your organization.

From there, we can support you in communicating and rolling out changes to your team, and we’re available as a resource to help guide future pay decisions.

Reach out to learn more about our Wage and HR Compensation Consulting Services!

Your employees, current and future, want to know they’re being paid fairly. A compensation analysis helps you review your compensation structure, internal pay equity, and market alignment, so you can stand behind your pay decisions with confidence.

However, this can be a lot to take on internally. Well, that’s what we’re here for you!

Our Wage and Compensation Analysis Services do all the work for you, providing a thorough, unbiased wage review and market analysis, along with clear recommendations to improve your compensation structure.

We also help with messaging and rolling out your new pay structure, and we’re available as an ongoing resource when compensation questions come up during hiring, promotions, and bonuses.

Not sure if your compensation structure needs a revamp? Reach out, and we’d be more than happy to chat!

When you choose to partner with HR Annie for your compensation analysis, you’ll get the following support:

1. Wage Review & Market Analysis: Our process starts with a compensation study that includes a thorough wage review and market compensation analysis that provides an unbiased view of internal pay equity within your organization.
2. Job Description Revisions: We also review all of your job descriptions and revise them to align with internal equity metrics, including state pay equity factors and HR Annie’s developed considerations.
3. Recommendations & Guides: We then make recommendations on your compensation structure, including pay band development, that value your team and enable them to grow within your organization.
4. Executive Report & Guide: To complement the analysis and recommendations, we provide an executive report and an Internal Equity Factor Guide of positions, wages, and pay bands.
5. Roll-out & Messaging: Not only are we experts in compensation consulting and analysis, but we can also support you with messaging and rolling out a pay structure to your team!
6. Ongoing Support: Our work doesn’t stop here. We're available as an ongoing pay equity and market compensation resource for your company.

Our compensation consultants work with clients in a wide range of industries. Some of the most common ones we work with include:

• Healthcare
• Food, Beverage, & Hospitality
• Engineering
• Finance & Accounting
• IT Services
• Non-Profits
• Local Government

Plus many others!

Don’t see your industry listed? Reach out to us, and we’d love to chat about how we can support your compensation structure!

Yes, we do!

Once we’ve completed our compensation analysis and provided our recommendations, we’ll also offer ongoing pay equity consulting and serve as a market compensation resource for your company.

This comes in handy when considering hiring, promotions, discretionary bonuses, and many other pay-related decisions.

We estimate the project based on several factors, including whether you currently have updated role descriptions, as well as the cost of market analysis and internal equity factoring, depending on the number of unique roles in the organization.

The value of the cost is that unlike other companies who do compensation analysis, HR Annie provides clients with all the data and information to be able to continue to utilize the new compensation structure on an ongoing basis.

This depends on how many unique roles there are in the organization, but we typically estimate about 45-60 days for completion.

Yes. There are laws required for employers of any size to ensure pay equity and internal equity compliance.

Plus, it’s always a great best practice to have a compensation structure for employee communication, fairness in pay, and to support your compensation budgets and future wage decisions, such as cost-of-living or performance-based increases.