Strategies To Improve Gender Pay Equity and Reduce Voluntary Employee Turnover in The Information Technology Industry

Achieving gender pay equity remains a significant global challenge for organizations, and its lack can contribute to increased voluntary turnover and higher talent replacement costs. Organizational leaders are particularly concerned with pay equity, as inequities can drive accelerated turnover among female employees. Grounded in equity theory and the social role theory of sex differences, the purpose of this qualitative pragmatic inquiry was to explore strategies that human resource (HR) managers use to improve gender pay equity. The participants were six HR managers in the southeastern United States supporting information technology organizations. Data were collected using semistructured interviews. Through thematic analysis, four themes were identified: compensation strategy and philosophy, sourcing and recruitment, talent management, and executive commitment and support. A key recommendation is for HR managers to develop a structured, comprehensive compensation strategy that is both grounded in principles of racial justice and equality and informed by robust data insights. The implications for positive social change include the potential to retain valuable female talent, improve organizational performance, enhance employee well-being, and contribute to stronger local economies.

Publication Details

Journal
ScholarWorks (Walden University)
Published
2024-12-02
Primary Topic
Biological and pharmacological studies of plants
Type
article
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article

Strategies To Improve Gender Pay Equity and Reduce Voluntary Employee Turnover in The Information Technology Industry

ScholarWorks (Walden University)
Biological and pharmacological studies of plants
article

Strategies To Improve Gender Pay Equity and Reduce Voluntary Employee Turnover in The Information Technology Industry

article en

Abstract

Achieving gender pay equity remains a significant global challenge for organizations, and its lack can contribute to increased voluntary turnover and higher talent replacement costs. Organizational leaders are particularly concerned with pay equity, as inequities can drive accelerated turnover among female employees. Grounded in equity theory and the social role theory of sex differences, the purpose of this qualitative pragmatic inquiry was to explore strategies that human resource (HR) managers use to improve gender pay equity. The participants were six HR managers in the southeastern United States supporting information technology organizations. Data were collected using semistructured interviews. Through thematic analysis, four themes were identified: compensation strategy and philosophy, sourcing and recruitment, talent management, and executive commitment and support. A key recommendation is for HR managers to develop a structured, comprehensive compensation strategy that is both grounded in principles of racial justice and equality and informed by robust data insights. The implications for positive social change include the potential to retain valuable female talent, improve organizational performance, enhance employee well-being, and contribute to stronger local economies.

ScholarWorks (Walden University)
Gender equality
Openalex Percentile: Top 41%
Biological and pharmacological studies of plants
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