What is the primary focus of "pay equity"?

The primary focus of "pay equity" is on ensuring equal pay for work of equal value, regardless of gender or other characteristics such as race, age, or disability. This principle addresses wage discrimination and seeks to eliminate the gender pay gap and other disparities that may exist in compensation for similar roles or responsibilities. It emphasizes that individuals performing the same job or jobs of comparable value should receive comparable pay, which aligns with fair labor practices and promotes equality in the workplace.

Other options, while related to compensation, do not fully encapsulate the broader concept of pay equity. Ensuring bonuses are distributed fairly among employees pertains to one aspect of compensation but does not address the fundamental principle of equal pay for equal work. Additionally, providing raises based on performance evaluations focuses on individual merit rather than addressing systemic pay discrepancies. Lastly, standardizing wages across different companies in the same industry may help with consistent compensation practices but does not directly tackle the issues of discrimination that pay equity seeks to resolve.