Summary:
Sally Loftis is the Managing Director at Loftis Partners, an HR consulting firm focused on pay equity and organization development, especially within non-profits and small businesses.
In this episode, Sally talks about why and how more organizations should analyze their pay data.
Chapters:
[0:00 - 4:37] Introduction
• Welcome, Sally!
• Today’s Topic: Pay Equity Isn’t Scary: Here’s How and Why to Do It
[4:38 - 14:27] Why you can discover from analyzing pay data
• Comparing pay to other demographic markers
• Where do you begin?
[14:28 - 21:03]
• Pay equity extends beyond base pay into benefits, opportunities, and more
• Why it’s important for managers to have mature conversations about pay with their employees
[21:04 - 28:05]
• Start by simply having conversations
• How pay data analysis can lead to change management
[28:06 - 28:56] Closing
• Thanks for listening!
Quotes:
“It’s important to look at some of the demographic markers [around pay data] like department, gender, race and ethnicity, tenure, age—things like that. That’s when you start uncovering more of the inconsistencies in your data.”
“We need to communicate [pay data analysis] results with some actions.”
Contact:
Sally's LinkedIn
David's LinkedIn
Dwight's LinkedIn
Podcast Manger: Karissa Harris
Email us!
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