4. Rethinking what pay gap success looks like
Manage episode 400449055 series 3292622
Listen in as Michelle unpacks the different ways of measuring success in the workplace, particularly when it comes to gender pay gaps. Moving beyond the often-singular focus on the gender pay gap, she explores a variety of indicators that signal progress within organisations, but often gets ignored by organisations.
So much focus on addressing the gender pay gap focuses on just closing the pay gap figure, when in reality there are other measurements that are just as important (if not more important). Some of these 'alternative' success measures are often what organisations need to do more of, rather than obsessing over percentage point reductions.
With insights from our work at Equality Pays, we shed light on the importance of recognising and celebrating every step forward, understanding that success is not only reflected in the pay gap figures, but also in the underlying shifts in workplace culture and opportunities.
In this engaging conversation, Michelle shares real-world examples from past and current clients including communications agencies, real estate companies and more, illustrating how different tailored approaches to gender pay gap issues can lead to significant achievements. All of which have positive long lasting sustainable outcomes.
Tune in to discover how you can identify and pursue unique success measures that resonate with your organisation's specific pay gap goals and inclusion values.
Best podcast quote: "I'm not saying that your pay gap figure dropping is not important, it is. But what I'm saying is that it's important for you to not give it so much weight that you forget everything else in the process, because at the end of the day, the pay gap figure is simply an average of the earnings that women earn compared to men. But when you drill down into how that's come about, what you will find is that there's lots of opportunities for you to be doing lots of work behind the scenes. That's going to make your workplace more inclusive, and the side effect of that might be that your pay gap figure reduces, and that would be great if it doesn't, but then also it might not, but you're still making progress. You're still having success. You are still addressing the root causes of your pay gap in the first place."
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Connect with Michelle -
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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