Waar gaat deze meeting over?
In co-creation - Building upon the calculation tool, originally created by Badal Inani, we have continued the journey with fellow Rumbold members to get the tool more dynamic, and provide the output necessary to inform the leaders of a company.
Presentatie:
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Key take-aways:
This session of the Rumbold HR Analytics & Tooling series showcased the power of co-creation in building a dynamic, Excel-based pay equity calculation engine. With contributions from reward professionals and HR analysts, the tool is evolving into a practical solution for internal pay equity analysis—designed to be adaptable, transparent, and community-driven.
- Dynamic Pay Gap Thresholds
The tool now supports country-specific thresholds, aligning with evolving EU regulations. - Regression Analysis as Core Functionality
Regression analysis is essential for explaining pay gaps and must be rerun with each data update. - Guidelines for Pay Component Inclusion
There is a clear need for shared guidelines on which allowances and benefits to include in pay equity analysis. - Tool Not for Reporting Compliance
The tool is designed for internal use and learning—not for fulfilling external reporting requirements. - Community-Driven Development
The tool’s evolution is shaped by feedback, sparring sessions, and real-world use cases.
Doelgroep
Reward professionals | HR analysts working on Pay Transparency
