Examination of Pay Equity Scheme

Examination Of Pay Equity Scheme in New Zealand Student’s Name Institutional Affiliation Course Professor Date Examination Of Pay Equity Scheme in New Zealand Pay equity is the legal idea that equal work warrants equal pay regardless of a worker’s gender, race, age, ethnicity, or religion (Lorgelly & Exeter, 2023). This specifies that personnel who perform comparable or similar occupations must get equal pay. New Zealand's recently modified Equal Pay Act 1972 offers a practical and open method to raise and resolve systemic sex-based pay undervaluation rights in female-dominated professions. Implication for private GP in New Zealand Pay equity has a significant implication for private sectors, such as GP practices. Researchers state that the implementation of pay equity might interfere with employers' ability to run their businesses most effectively and productively (Pledger et al., 2024). Moreover, comparable worth “freezes” all salaries by developing a master plan for wages. Therefore, the monetary value of one job might not be changed without upsetting all other jobs within the organization. Thus, private GP practices might face challenges managing their finances and acquiring top talent. The application of new pay equity might need not just technical but also sociological and legal information on discrimination in pay and how to remove it. Therefore, GP practice will not only face financial constraints but also incur the cost of training and the necessary resources and equipment. However, regardless of the challenges, pay equity might have positive implications for GP practice, such as improved productivity and support for inclusivity. Such effects have even become more apparent to workers and colleagues who are becoming more aware of the demands made on pay equity and the influence made by individuals holding female-dominated occupations (Pledger et al., 2024). Even though it might be diff...