Introduction:
Welcome back to this episode of "Beyond The Pay Gap Figure." This week, we discuss the most common mistakes organisations make with their pay gap plans and why they think these plans are not working. I will guide you through these common pitfalls and present a framework that I use with my clients to overcome these challenges effectively.
Key Discussion Points:
Despite their efforts, many organisations find that their actions are not yielding the desired changes, especially when the focus is solely on reducing the pay gap figure. One major reason for this is that the pay gap figure is volatile, influenced by factors both within and beyond an organisation’s control, such as company culture, redundancies, mergers, and personal decisions of employees. This volatility means that focusing solely on the pay gap figure is unhelpful and can be detrimental.
Moving away from strict targets allows for more meaningful work that impacts the organisation positively.
The second common mistake is the lack of good insights. Organisations often focus on the wrong data. It's crucial to understand why the pay gap exists in the first place, requiring deeper, intersectional analysis of both quantitative and qualitative data.
Listen to the episode to find out the other common mistakes.
If you are tired of the hamster wheel of chasing a reducing pay gap figure and want a different approach, I invite you to book a call using the link below.
We can discuss how we can support you in addressing your pay gaps in a way that genuinely benefits your organisation. If you found this episode useful,
please share it with your colleagues and let me know your thoughts. Subscribe to ensure you don't miss future episodes.
In the next episode, I will feature a special guest to share their pay gap journey, including challenges and obstacles faced and how they overcame them. If you're interested in insights that go beyond pay gap reports, tune in to next week's episode.
Thank you for listening. Bye for now!
Quote Highlight: “Ultimately, it's great for you to work on your pay gap plan internally, but you do have to be clear on the effort that is required. And the effort comes in the capacity, skills, and time.”
For support in addressing your pay gap issues book a free call here: Book a call Website: www.equalitypays.co
Sign up to access lots of pay gaps resources: https://equalitypays.mvsite.app/products/courses/view/1071087
LinkedIn: https://www.linkedin.com/in/michellegyimah/
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