12. We want to close our pay gap ourselves. What do we need to know?
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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 within your organisation if you want to take on the management of your pay gaps plan yourself. Individuals who are knowledgeable about legislation requirements, proficient in data collection, and adept at data analysis are indispensable. Mistakes can lead to unwanted outcomes and action plans that miss the mark.
- Having the right technical resources is also vital. Especially when you extend your pay gap reporting beyond gender and want to encompass ethnicity and disability. Organisations must ensure their systems are compatible, robust, and capable of handling diverse data requirements.
Listen in to the episode to hear 5 more crucial insights into handling your pay gaps plan internally; as well as a client story highlighting the importance of consistent communication, internal alignment, and understanding the pay gap plan’s significance.
Tune in next week as I discuss a framework for troubleshooting why your pay gap plan might not be achieving the desired results. If you're interested in optimising your pay gap initiatives, this episode is a must-listen.
If you found this episode valuable, share it with your colleagues, and don't forget to subscribe for future insights. Join me next week for more actionable strategies to enhance your organisation's pay gap initiatives.
Best podcast quote: “Ultimately, it's great for you to work on your pay gap plan internally, but you do have to be clear on the effort that is required. And the effort comes in the capacity, skills and time.”
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Website: www.equalitypays.co
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