Pay Equity

There are numerous forms of pay equity that includes minimum wage, living wage and fair pay. Pay equity is also known as the equal pay for work that is of equal value. The most important form of pay equity is minimum wages. The main goal of equal pay is to reduce the numerous discriminations that had been witnessed in the undervaluation of work that was traditionally done by workers and minimum wage exactly does that. Minimum pay eliminates barriers that are designated to groups such as minorities, women and people with disabilities and stipulate what an employer should least pay for a given service (“Economists disagree on whether the minimum wage kills jobs. Why?” 2016).

The various causes of workplace accidents includes; taking short cuts because of the human nature of being lazy, overconfidence, lack or poor housekeeping, starting the work without  getting the necessary information, mental distractions, neglecting safety procedures and general lack of preparation. Accidents can be reduced at the work place when formal safety policies and procedures are fourth, proper communication of expectation from all employees, increasing supervisions just to make sure that employees adhere to rules. Other precaution include investing in training so that employees are aware of the importance of following rules.

The cost associated with trainings is cash outflow the company will be forced to incur a lot of funds in funding the training. When it comes to increasing supervision, then employees will feel not trusted a factor that lead to demoralization. The company can however discuss the move to employees so that they know that supervision is meant to protect them. Secondly, the company can use internal form of training that is less expensive instead of hiring an external trainer who will demand payment for the service.

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