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Yardstick Update

Employers catching on to importance of pay audits

by Personnel Today 2 Mar 2004
by Personnel Today 2 Mar 2004

The number of employers carrying out pay audits rose last year and findings
show that more intend to do the same in 2004, according to a survey.

Research by the Chartered Institute of Personnel and Development (CIPD) in
its annual reward survey shows that almost a third of the 562 employers
questioned conducted a pay audit last year. Around a quarter audited pay on the
basis of gender, and 39 per cent confirmed that pay gaps had been uncovered in
the process.

The research also found that organisations which are auditing are doing so
based on age (47 per cent) and race (45 per cent). Just under half said they
would be conducting an audit in 2004, with 98 per cent of those intending to
audit on the basis of gender, 63 per cent on age and 56 per cent on race.  020 8263 3355, www.cipd.co.uk

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Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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