Norway — Pay equity analysis and reporting

PayEquity by beqom support for Norway’s requirements

PayEquity by beqom provides a robust toolkit that helps employers in Norway meet the annual and biannual requirements.

For the annual report, PayEquity by beqom makes it easy to obtain the required metrics and provides features that help users evaluate and improve their workplace equity. The powerful filtering mechanism can drill down into groups of employees and provide a deeper understanding of gender dynamics, while insightful graphs help make the pay equity landscape visible. A user-friendly reporting feature lets users compile cohesive reports. 

For the more in-depth, biannual gender pay gap analysis, users can rely on our compensation mapping feature. A Norwegian preset simplifies the setup process. The compensation mapping feature offers the following:

• Required analyses for both equal work and work of equal value.
• Insightful graphs, tables and auto-generated text highlight the results in an easy-to-read format. 
• A user-friendly drill-down feature lets users examine each group. Ultimately this helps users understand their organization’s overall compensation structure and the reasons for pay differences.  
• Users can add notes about each group of employees. This is a great way to document identified pay differences and explanations.
• The compensation mapping is easily exported to MS Word to provide the basis for the written report.

As previously mentioned, the biannual analysis requires organizations to analyze both equal work and work of equal value. PayEquity by beqom’s job evaluation module simplifies the task of defining “work of equal value.” This module uses a framework of objective factors (competences, responsibilities, effort, working conditions, etc.) to help define the value of each job. Users can make a job evaluation using beqom’s built-in templates, upload their own templates from Excel, or use the wizard to create one from scratch.

Beyond the suite of analyses already included in the compensation mapping feature, PayEquity by beqom also offers powerful regression analyses. These analyses measure the adjusted pay gap and illuminate the organization’s pay structure. In other words, they show how the key variables you choose contribute to higher pay.

The overall goal of Norway’s requirements is to create workplaces that are free from discrimination of any type. PayEquity by beqom is a holistic solution giving users the tools they need to identify inequity and develop a plan to correct it.

• Closing the pay gap: PayEquity by beqom can suggest raises to close or shrink any identified pay gap – while staying within budget.
• Keeping the gap closed: The Compensation Assistant helps make sure the gap does not re-open through hiring and promotion decisions. This makes pay equity sustainable.
• Broader equity issues: Pay equity is only one part of the bigger picture. PayEquity by beqom’s workplace equity feature analyzes the diversity within an organization and how it changes as employees join, leave, and move internally. This helps users spot any unequal access to opportunities so they can create focused action plans.