Addressing compensation disparities requires a proactive approach:
1. Conduct Pay Audits: Regularly reviewing compensation data to identify and address any disparities. 2. Transparent Policies: Establishing and communicating clear compensation policies to all employees. 3. Training for Managers: Educating managers on fair compensation practices to ensure equitable pay decisions. 4. Employee Feedback: Encouraging employees to voice their concerns about compensation and addressing them promptly.