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Frequently Asked Questions
... and why you should partner with FairPay
Does the platform check for errors in employee data?
It is important to catch errors before model generation, as errors can distort your pay model leading to inaccurate estimates and wrong conclusions.
Can I customize the pay model to my organization?
Different factors drive pay in different organizations. Choosing the right factors is key to building an accurate model, so be wary of one-size-fits all solutions.
How is grade validation supported?
It is critical to validate grade assignments before closing pay gaps. Unhandled outliers can significantly increase cost and lead to unfair and unnecessary pay adjustments.
How do you close pay gaps?
How you close gaps matters, as pay raises assigned to the wrong employees can drive up the remediation cost and damage the perception of organizational fairness.
How do you keep gaps closed?
Staying equitable is key to ensuring pay gaps are not reintroduced through poor grade decisions or inaccurate pay rates when hiring new workers.