A Conference Webcast Event by HR.com on June 6-7, 2013
Dr. Dan Kuang is one of the webcast presenters for Compensation Best Practices and Trends – HR.com’s free Conference Webcast series on June 6-7, 2013.
- For free conference registration and more information visit:
http://www.hr.com/en/webcasts_events/virtual_events/upcoming_virtual_events/compensation-best-practices-and-trends_h3ygtx49.html
About Dr. Kuang’s Presentation:
Topic: Compensation Analysis: Beyond Comp 101—Proper Data Modeling
Date: June 7, 2013 at 1:00 – 2:00 PM ET
Description:
In the world of the Fair Pay Act, the EEOC Title VII compensation casework and the OFCCP’s focus on analyzing compensation for disparity, Compensation and HR professionals are challenged to know the proper methodology to ensure that all similarly situated employees are equally compensated. The challenge is that without proper methodologies and modeling, professionals can unknowingly expose their company to significant financial liability. These methodologies and modeling that are typically used in compensation disparity are not used elsewhere within their daily work-life, creating a gap in knowledge, so the need to evaluate compensation for disparity has never been more important than it is today.
To help Compensation and HR professionals evaluate their own skill-sets in the area of compensation analyses, Dan Kuang, Ph.D. will utilize his years of experience with multiple regression modeling and analyses of compensation data to address such issues as data modeling, identification of false positives and negatives, t-test vs. multiple regression, analyses of base pay vs. total compensation, controlling for performance based reward systems and much more.
Compensation analysis/investigation for pay-disparity within a Title VII framework has reached an new level of sophistication that most analysts are unprepared to tackle. Specifically federal enforcement agencies such as the OFCCP are auditing employers on their Total Compensation practice. Unlike traditional compensation analysis on base-pay, Total Compensation requires considerably more advanced analytical strategies to avoid two classic fatal flaws;
1) False Negative: A finding of no pay-disparity when there is, in fact, pay-disparity
2) False Positive: A finding of pay disparity when there is, in fact, pay-disparity.
This presentation will focus on practical, fundamental analytic concepts and strategies for analysis of Total Compensation.
(source: http://www.hr.com/en?t=/contentManager/onStory&StoryID=1368146535922)
