Gender Pay Equity—Watch Out for Red Flags & Red Herrings
Recent headlines have been filled with the gender pay gap and pay equity here in the U.S. and abroad. Many companies are appropriately paying their employees without regard to gender, but issues at a small number of high-profile companies have cast further scrutiny on this subject matter. This presentation will discuss the practical side of determining whether any pay equity issues (both gender and race) exist at a company and how the calculations may not be as straightforward as they seem once you get below the surface. We’ll also explore 5 common fact patterns that can either fail to raise a red flag on an issue or inadvertently be a red herring. The presentation will also cover key legal considerations to keep in mind as you approach these analyses.
Learning Objectives:
• Identify various steps to conducting a pay equity analysis
• Recognize common fact patterns that can hide an issue or fail to uncover a real issue
• Understand legal considerations and best practices to limit legal exposure
Allison Hoeinghaus
Managing Director at Alvarez & Marsal
Allison received a bachelor’s degree in accounting and a master’s degree in professional accounting from the McCombs School of Business at The University of Texas at Austin. Allison is a Certified Public Accountant (CPA) and a Certified Executive Compensation Professional (CECP) through the WorldatWork organization. Allison helps companies tackle how to effectively and efficiently pay and incentivize their employees. She works with companies to design and benchmark annual bonus and long-term incentive compensation programs, all while considering the applicable tax, accounting, and other regulatory ramifications. Allison focuses on mergers and acquisitions, including golden parachute rules, and bankruptcy compensation matters, including the design and defense of key employee incentive plans (KEIPs), key employee retention plans (KERPs), and management incentive plans (MIPs). She also works on other executive compensation matters, such as stock options, restricted stock, the one million dollar deduction limitation, global compensation strategies, qualified and non-qualified retirement plans, and payroll compliance.
Judy B. Garner
Associate at Jackson Walker
Judy Bennett Garner is a labor and employment attorney with experience counseling employers in various industries, including transportation, healthcare, technology, and financial services. Judy advises and represents employers in all areas of labor and employment law, including matters involving discrimination, retaliation, sexual harassment, and labor relations. Additionally, Judy has experience litigating a wide range of employment matters in federal and state court, before administrative agencies, and in arbitrations, including Financial Industry Regulatory Authority (FINRA) arbitrations. Judy takes a service-oriented approach to her practice, delivering practical advice to businesses and thorough, well-written work product that demonstrates attention to detail and adds value for clients. Judy received her BMus, magna cum laude, from The Catholic University of America, her MMus, from The Catholic University of America, and her J.D., from Georgetown University Law Center.