must now be understood as a critical driver of employee wellbeing— reflecting broader economic and societal shifts. As payroll—and the accuracy of it, in particular—becomes increasingly tied to issues like gender pay equity, diversity, financial wellness, and remote work, payroll governance must evolve alongside changing workforce expectations. Payroll as a reflection of economic shifts Just as OHS regulations too is how payroll is managed—a mirror of the values that an organisation upholds. The conversation around gender pay equity, diversity, and financial security is growing, reflect corporate responsibility, so pushing organisations to evolve their compensation practices and align them with evolving workforce expectations.
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As gender pay equity gains momentum, businesses that are committed to fair compensation are, in effect, helping to shift cultural norms around value and opportunity.
Gender Pay Equity As gender pay equity gains momentum, businesses that are committed to fair compensation are, in effect, helping to shift cultural norms around value and opportunity. This shift is not just about closing a gap in pay; it is about dismantling
deeply ingrained societal biases that have long determined a person’s worth based on gender. In this sense, payroll becomes a tool for change, an instrument through which businesses can demonstrate their commitment to equality by closing pay gaps.
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ISSUE 9 GLOBAL PAYROLL MAGAZINE
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