OutRageous HR Ep. 1: Compensation Compliance: Best Practices for Navigating OFCCP’s Latest Standards скачать в хорошем качестве

OutRageous HR Ep. 1: Compensation Compliance: Best Practices for Navigating OFCCP’s Latest Standards

Neil Dickinson, VP Compensation Services, and Vickie LeNormand, Sr. VP Operations & Team Lead, shed light on the latest changes in how compensation data should be submitted in affirmative action plans and how the OFCCP looks at this data in audit situations. Highlights from this first Outrageous HR episode include: Best practices for Submitting Data- Ensure accuracy in your compensation data submission to avoid delays or potential penalties. OFCCP's Analytical Requirements- Agency expectations to align your internal practices with their requirements. Changes in OFCCP Audit Letters- Recent shifts in the OFCCP audit letter and what you should do to meet these updated expectations. Compliance Investigators- The shift from Compliance Officers to Compliance Investigators underscores the importance of thorough research and preparation for audits. Starting Pay- Setting the Right Tone- Starting pay is more important than ever in setting your organization up for long-term compliance success. Neil and Vickie share advice on establishing compensation that creates equitable practices from the beginning. "If You Don't Document It, It Didn't Happen"- This classic HR adage rings true in compliance. This episode drives home the importance of documenting every decision related to compensation, from starting pay to promotions. If it's not documented, you risk non-compliance. 00:00 Introduction 00:50 Compensation Data Needed 02:20 Submitting AAP Data to OFCCP correctly 04:45 OFCCP Data Analysis Requirements 10:20 Compliance Officers vs. Compliance Investigators 14:00 Compensation Interviews & Examination 18:40 Advice in case of Audit 25:20 Changing Pay Equity Laws 26:50 Starting Pay and Why It's Important