10. Top 5 Questions to Ask a Pay Gaps Consultancy
Beyond the pay gap figure with Michelle Gyimah
Release Date: 03/24/2024
Beyond the pay gap figure with Michelle Gyimah
Introduction: In this case study episode, Michelle shares how one organisation successfully reduced its pay gap by nearly 15% over three years. The organisation implemented a sponsorship program where senior leaders actively sponsored high-potential women, providing them with visibility, mentorship, and opportunities for advancement. The company revised its parental leave policies to offer equal opportunities to both parents, which resulted in a more balanced division of responsibilities and reduced biases against women in career advancement. By maintaining transparency in...
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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...
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Introduction: In this episode, host Michelle Gyimah discusses common misconceptions about pay gaps and the metrics that organisations often chase without achieving real impact. Many organisations focus on metrics like the average pay gap without digging deeper into the underlying causes. Michelle emphasises that understanding the root causes—such as gender bias in promotions or unequal access to high-paying roles—is key to making real progress. Organisations should prioritise actionable steps, such as conducting regular salary audits, providing bias training for leadership,...
info_outlineBeyond the pay gap figure with Michelle Gyimah
Welcome to the Beyond the Pay Gap Figure Podcast. In this episode, our guest is Susan Grayson, an expert in creating inclusive workplaces, especially for women experiencing menopause. Susan discusses the challenges women face in the workplace due to menopause and shares insights into how organisations can become more inclusive. Susan discusses how menopause is often overlooked as a factor affecting women’s career progression. Women experiencing severe symptoms may struggle with attendance, performance, and confidence, leading to potential career setbacks. Addressing these issues through...
info_outlineBeyond the pay gap figure with Michelle Gyimah
Introduction: Welcome to the Beyond the Pay Gap Podcast. In this episode, we are pleased to have Aurélien Joly, the Communication Manager for the Equal Salary Foundation. Aurélien discusses the foundation’s work in certifying companies for equal pay and opportunities, and shares insights into the certification process and its benefits. The certification involves a detailed salary analysis, considering factors such as education, age, gender, and job functions, to ensure fair pay practices. Companies undergo a rigorous audit process and must meet specific criteria to achieve...
info_outlineBeyond the pay gap figure with Michelle Gyimah
Introduction: In this episode of "Beyond The Pay Gap Figure," we welcome Sharna Matson Knight from Cadent Gas Limited. Sharna shares her experiences and insights as the Equity, Diversity, and Inclusion (EDI) Manager, discussing Cadent's gender pay gap, the initiatives they have implemented, and the journey towards creating an inclusive workplace. Explaining how Cadent's gender pay gap has fluctuated due to organizational changes and stresses the importance of transparency and providing a narrative to drive change. Employee communities and networks play a significant role in driving change and...
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Exploring Gender Equity in the Energy Sector Introduction: Welcome to another episode of the Beyond the Pay Gap Figure Podcast. Today, host Michelle Gyimah interviews Sarah Clark, the Decarbonisation Delivery Manager for Europe, Middle East & Africa and co-chair of the AXIS Network, a gender equity group supporting the energy transition in the UK. Throughout her career, Sarah has held a variety of process engineering and project management positions in the UK and Poland, which includes design, offshore and site-based roles, as well as corporate consulting positions within O&G and...
info_outlineBeyond the pay gap figure with Michelle Gyimah
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...
info_outlineBeyond the pay gap figure with Michelle Gyimah
In this episode of "Beyond the Pay Gap Figure," I explore the subject of addressing pay gaps internally i.e. without external consultancy or support. Contrary to expectations, I emphasise the viability and importance of organisations undertaking this task themselves. However, I do explain how to go about this important work competently. If you want to manage your pay gap plan internally, this episode will give you insights into some crucial considerations for your organisation. Here are just some of the points to consider: It’s important to have a good foundation and skill set already...
info_outlineBeyond the pay gap figure with Michelle Gyimah
In today’s episode we delve beyond the mere existence of a pay gap plan and explore how to maximise its effectiveness. There is a misconception that having a pay gaps plan is synonymous with progress, however, the real work lies in implementation and understanding what works and what doesn't. Or that running a training session for line managers or your HR department will be the silver bullet. But, training alone doesn’t guarantee engagement or enthusiasm for the plan either. Understanding that it’s going to require real change is where things can get tricky. So in this episode, I will go...
info_outlineIn today's episode, we're discussing the crucial questions you should ask when hiring a pay gaps consultancy.
Many hesitate to seek expert help due to fear of the unknown and investment concerns. I wanted to help you tackle these issues and discuss them together here on the podcast.
In this episode we’ll go through each of the 5 questions and how you can get the best answers from a consultancy, to ensure you have all the right tools to address your pay gap figure.
Here are some of the questions we’ll be covering:
Question 1: Experience and Track Record
- It's essential to gauge a consultancy's experience in addressing pay gaps. Beware of mere online claims; seek tangible proof of competence.
- Case studies and client examples provide valuable insights into a consultancy's capabilities. Understand their past successes to assess their fit for your needs.
Question 2: Insurance and Compliance
- Ensure the consultancy holds relevant insurance, vital for providing sound advice and protection for both parties.
- Compliance with industry regulations and codes of practice is non-negotiable. Professional indemnity insurance is a must-have for peace of mind.
Listen to the episode to find out the rest of the questions and how you can address them. Any consultancy with experience and a good track record should be able to answer your questions, provide examples, and demonstrate their expertise.
These five questions I share with you today can then serve as a blueprint for you when you are assessing potential pay gaps consultancies for your organisation.
It’s important to seek this reassurance, transparency, and alignment with your company goals.
Stay tuned for next week's discussion on optimising your pay gap strategy.
Best podcast quote: “Essentially you're doing this because you need reassurance that they know exactly what they're doing. Looking at someone's website and looking at social media on its own is not going to be enough because it is so easy today to put something on the internet and to claim that you are an expert, or really knowledgeable in a particular space.”
Get in touch:
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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