006 - The Pay Gap Conundrum
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"What gets measured, gets improved."
Confused about equal pay and pay gaps?
Are women and particularly women of colour really that bad at negotiating a fair salary or do biases come into play?
And finally, how do organisations tackle this issue before it becomes a crisis point?
In this episode, we discuss with Michelle Gyimah, from Equality Pays, how pay gaps are actually measured and why, unsurprisingly, white males are at the top end of these pay scales across the majority of sectors.
Michelle shares why hiring specialists to look at your pay structure and to help map out a framework is key, particularly in such an entrepreneurial sector as the events industry.
We discuss the importance of greater transparency in all sectors and why we should be communicating salaries to all staff and potential new hires moving forward if we are to attract and retain the best talent.
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