Report

The Surprising Truth about Gender Pay Equity

A Josh Bersin Company Report with Visier Community Data

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Companies can no longer afford to overlook the importance of fair compensation. Despite its merit, only 5% of companies excel in pay equity, even though it has 13 times more impact on employee experience than pay levels. Driven by legislative requirements, mounting social pressure, and the critical need to address labor shortages, pay equity is a significant global challenge.

Josh Bersin Company's Pay Equity research, driven by Visier Community Data, reveals that successful organizations go beyond traditional pay audits, embedding equity into all business practices and focusing on transparent communication and strategic, long-term approaches.

This report explores:

  • The current state of gender pay equity
  • Barriers companies face
  • The projected timeline for closing the gender pay gap