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Audit Ready Compensation

Topic:
Audit Ready Compensation
Date:
March 19, 2013 at 2:00 - 3:00 PM ET
Presenters:
Dan Kuang, Vice President of Legal and Audit Support Services(Biddle Consulting Group, Inc.)
webcastImgVirtual
Description
The OFCCP released the (now rescinded) compensation analysis Standards and Guidelines in 2006 and, for the first five years since their release, had been "less than successful" when it came to enforcement. This shouldn't be overly surprising given the complexity of compensation and the rigorous, litigation-worthy requirements outlined in the Standards. This all changed with the inauguration of President Obama on January 20, 2009, the signing of the Lilly Ledbetter Fair Pay Act nine days later (the first bill signed into law by President Obama), the multiple attempts at passing the Paycheck Fairness Act, and the creation of the National Equal Pay Enforcement Task Force. The message has never been more clear--compensation equity is a very high priority for the Obama Administration. Given the pressure to succeed coming directly from the Whitehouse, we have seen both the EEOC and OFCCP dramatically increase their enforcement of systemic discrimination (i.e., larger, more pervasive, system-wide cases) including compensation issues, and with more conciliation agreements related to compensation issues in the past year than ever before, their efforts have largely been a success.

With the rise in OFCCP compensation audits and enforcement actions, it is critical that federal contractors take proactive steps to ensure that their compensation is ready for scrutiny.

In this presentation we will cover the nuts and bolts of conducting a compensation analysis that is appropriate in both proactive and reactive (i.e. response to audit) situations. This will include roughly the following:

1)       Properly defining scope of analysis
2)       Data preparation (e.g., cleaning, SSEGs)
3)       Analysis with and without explanatory factors (i.e., t-test and multiple regression)
4)       Evaluate analysis-model validity
5)       Interpreting interactions
6)       Computing Liability/Make-whole compensation for hot-spots.


These are the same 6-steps our firm employs when conducting compensation analysis for clients in both proactive and reactive situations.

       More importantly, with time permitting, we will share potential land-mines that an analyst need to be aware of in each of the 6-steps when conducting a compensation analysis. Failure can lead to misleading results that can be catastrophic, esp. as the OFCCP’s statisticians have attained advanced mastery of compensation analytic methods.


Who Should Participate
Human resources professionals, compliance managers, diversity professionals, and federal regulatory agency professionals.
What You Will Learn
The presentation will be geared towards entry- to intermediate-level professionals in the EEO/AA compliance field. Attendees will gain an awareness of most of the key essentials regarding OFCCP-compliant compensation analysis concepts and procedures.
Recommended Resources
Compensation Analysis
  • Compensation Analysis: A Practitioner's Guide to Identifying and Addressing Pay Disparities by Patrick M. Nooren, Ph.D. and Dan A. Biddle, Ph.D. (1st Edition; ISBN: 978-0-9749895-2-5) - Order Dr. Nooren's Book Now
Communities
Compensation
Human Resources Management
HR Outsourcing
Full Service Outsourcing
HR As Consultant
Outsourcing
Compensation Measurement, Reporting and Analysis
Presented by
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Dan Kuang
Biddle Consulting Group, Inc.

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Event Sponsors
Biddle Consulting Group, Inc.
BCGi's mission is to empower people to enhance their productivity, increase their competitive marketability, and enhance the technical capabilities of those in the industry.
File List
Feedback
Name Comment Rating
Image of Stacey Y. Adams Stacey Y. Adams
MDC Holdings
5 / 5
Excellent Presentation
Image of Bronz Brantley-Kirby Bronz Brantley-Kirby
Village of Glenview
4 / 5
Very Good Presentation
Image of Marilyn Evans Marilyn Evans
Varian Medical Systems, Inc.
5 / 5
Excellent Presentation
Image of Sarah Lovel Sarah Lovel
University of Central Florida
5 / 5
Excellent Presentation
4 / 5
Very Good Presentation
4 / 5
Very Good Presentation
Image of Tabatha Williams Tabatha Williams
Imageon Consulting
3 / 5
Good Presentation
Image of Consuelo Foster Consuelo Foster
Northstar Aerospace - Chicago
3 / 5
Good Presentation
Image of Nancy Sweeterman, PHR Nancy Sweeterman, PHR
The E.W. Scripps Company
3 / 5
Good Presentation
Image of Barbara Bucina Barbara Bucina
Northstar Aerospace - Chicago
3 / 5
Good Presentation
Image of Jeannette Montoya Jeannette Montoya
Pueblo of Pojoaque
5 / 5
Excellent Presentation
Image of Jenelle Roybal Jenelle Roybal
Buffalo Thunder Resort and Casino
5 / 5
Excellent Presentation
Image of Jay Chang Jay Chang
Comcast Corporation
5 / 5
Excellent Presentation
Image of Halene Sigmund Halene Sigmund
Construction Industry Training Council of Washington
3 / 5
Good Presentation
4 / 5
Very Good Presentation
Image of Mia Nelson Mia Nelson
University Of Chicago
4 / 5
Very Good Presentation
4 / 5
Very Good Presentation
Image of Rebecca Pitrello Rebecca Pitrello
Crowe Horwath LLP
5 / 5
Excellent Presentation
Image of Amy Rolak Amy Rolak
GFI Software Florida
3 / 5
Good Presentation
Image of Trish Pedersen Trish Pedersen
Carley Corporation
4 / 5
Very Good Presentation
Image of Kyrie Martino Kyrie Martino
1A Auto Inc
5 / 5
Excellent Presentation
Image of Leona Manzo Leona Manzo
Improveit Home Remodeling
4 / 5
Very Good Presentation
4 / 5
Very Good Presentation
4 / 5
Very Good Presentation
4 / 5
Very Good Presentation
3 / 5
Good Presentation
Image of Carol Ebersole-Weiss Carol Ebersole-Weiss
Incentive Compensation Professional
3 / 5
Good Presentation
3 / 5
Good Presentation
5 / 5
Excellent Presentation
Image of Daniel Greer Daniel Greer
Enercon Services Inc.
5 / 5
Excellent Presentation
Image of Stephani J. Ritter, PHR Stephani J. Ritter, PHR
Apogee Engineering, LLC
3 / 5
Good Presentation
4 / 5
Very Good Presentation
4 / 5
Very Good Presentation
Image of Elizabeth Hasson, SPHR Elizabeth Hasson, SPHR
501c3 Compensation Consultants
3 / 5
Good Presentation
Image of Kelly True Kelly True
EC USA Inc
4 / 5
Very Good Presentation
Image of Donna Licowsky Donna Licowsky
University Of Toronto
5 / 5
Excellent Presentation
Image of Stephen Miller Stephen Miller
Apogee Business Group
5 / 5
Excellent Presentation
4 / 5
Very Good Presentation
Image of Leeann Bailey Leeann Bailey
FULTON FINANCIAL CORPORATION
I registered for this webinar on 3/18 to start on 3/19 at 2:00. I recvd my confirmation info on 3/19 at 2:30. Presentation felt rushed. 2 / 5
Poor Presentation
Image of Laurie Kane Laurie Kane
Talent Gardener, LLC
Please provide time during the scheduled time for questions. 3 / 5
Good Presentation
Image of Denise Gray Denise Gray
NJR Service Corporation
Thank you for your time and expertise. 3 / 5
Good Presentation
Image of Heather Steiny Heather Steiny
Envision Technology Marketing Group, Inc.
There was a lot of information here that had to be rushed through - should have been 90 minutes. 5 / 5
Excellent Presentation
Image of Jil Luthern Jil Luthern
Learn4Life
This type of webinar could have used more time to present. 3 / 5
Good Presentation
Image of Estala Emmanuel Estala Emmanuel
Fiserv, Inc.
time too short for info speaker spoke very fast and clearly noted shortness of time for subject matter 4 / 5
Very Good Presentation
Image of Deborah Beck Deborah Beck
NJVC, LLC
too much info in short period of time. 3 / 5
Good Presentation

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