19. What Does Pay Gap Success Look Like? It’s Not What You Think
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Introduction: This week our host Michelle Gyimah explores what true success looks like when it comes to closing the pay gap.
Success is not just about meeting legal requirements for reporting pay gaps. It's about creating a culture where equality is ingrained in every organisational process, from recruitment to promotion.
Success in pay gap reduction should be measured by long-term impacts such as employee retention, satisfaction, and the growth of diverse talent in leadership roles.
Organisations need to focus on more than just reducing the numbers; they should aim for comprehensive measures that include policy changes, fostering an inclusive culture, and continuous monitoring and improvement.
Quote Highlight: "Success in pay gap reduction isn’t just about the numbers; it's about the retention and satisfaction of diverse talent."
Tune in next week for a special case study episode where our host Michelle Gyimah shares how one organisation successfully reduced its pay gap by nearly 15% over three years.
For support in addressing your pay gap issues book a free call here: Book a call
Website: www.equalitypays.co
Michelle’s training: Solve Your Biggest Pay Gap Issue in a Day: https://equalitypays.mvsite.app/products/courses/view/1170224
LinkedIn: https://www.linkedin.com/in/michellegyimah/
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Beyond The Pay Gap Figure Podcast from Equality Pays23 episodes