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VIRGINIAPresort Standard U.S. POSTAGE PAIDNURSES TODAYPermit No 20 Williamsburg, VAThe official publication of the Virginia Nurses Association Volume 11, No. 1Circulation 83,000 Registered Nurses
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It is a report that analyzes and compares the compensation levels between different roles, departments, or companies within the same industry.
Employers, particularly those with more than a certain number of employees or those in regulated industries, are usually required to file this report.
To fill it out, collect data on employee compensation, categorize roles, and input this data into the designated format or template provided by the regulatory authority.
The purpose is to ensure transparency in compensation practices, to identify pay equity issues, and to comply with regulatory or legal requirements.
The report typically requires information on employee job titles, salaries, bonuses, benefits, and demographic data to analyze pay equity.
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