Bryan, TX (PRWEB) January 8, 2008
PayEval LLC, the premiere provider of comprehensive compensation and employment practice analysis software, is pleased to announce the latest release of PayEval 1.2 for human resource, diversity management, and legal professionals. This release is the newest advance in software for detecting adverse impacts in employment decisions with respect to gender, race/ethnicity, or other demographic characteristics.
With an easy to use interface, the newest version of PayEval affords the human resource manager, as well as the technical legal professional, the power to create detailed reports that parallel an OFCCP-style desk audit, in just a few simple steps. PayEval 1.2 boasts a suite of new features, including the ability to easily import data from a variety of native human resource information system formats, run sophisticated multiple regression analyses, and define similarly situated employee groups (SSEGs). Unlike other compensation analysis software, PayEval is powered by StataÂ®, the premier statistical software for professionals, ensuring that data management and analysis tasks are completed quickly and precisely.
This release of PayEval includes the added bonus of a number of utilities to assist in pinpointing individual or groups of employees whose pay levels are magnifying adverse impacts in compensation. Specializing in compensation analysis, PayEvalÂ’s comprehensive software additionally supports the statistical analysis of several other employment practices - including hiring, training, terminations, performance, disciplines and pay changes.
PayEval is a partner company of Welch Consulting, a firm that for more than 30 years has assisted client firms of every size in matters involving employment disputes and complex business litigation. The experts at Welch Consulting have contributed their vast experience in labor litigation and equal employment opportunity matters to developing a simple and straightforward system to allow companies to evaluate their own employment practices.
Demos of PayEval can be seen online at http://www.payeval.com/demos/overview.html.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.
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