Uploaded on Jun 8, 2023
PPT on the Advantages of reducing the pay gap
Advantages of reducing the pay gap
ADVANTAGES OF REDUCING
THE PAY GAP
INTRODUCTION
The Gender Pay Gap is a measure of
the difference between men’s and
women’s average hourly earnings
across an organisation or the labour
market and it is expressed as a
percentage of men’s earnings.
Source: www.cadenceinnova.com
EXPOSES HOW MEN AND
WOMEN ARE POSITIONED
It exposes how men and women are
positioned from the lowest to the
highest paid roles in a company .
A pay gap in favour of men is usually
explained by more men employed in
higher paid jobs, and more women
employed in lower paid jobs.
Source: www.cadenceinnova.com
CAUSES CONTRIBUTING
TO PAY GAP
Access and attitude to flexible
working and parental leave
Societal expectations of gender roles
Progression opportunities
Source: www.cadenceinnova.com
WHY REDUCING THE GENDER
PAY GAP IS A GOOD THING?
Although many businesses are
worried about reporting
their findings, and how this will affect
their brand reputation, sharing
actions towards a GPG reduction
enables organisations to differentiate
themselves and capitalise on being a
transparent and fair workplaces.
Source: www.cadenceinnova.com
BENEFITS OF REDUCING
THE GAP
It can raise staff morale: this
supports recruitment and retention;
It can decrease the number of
uncomfortable pay-related
conversations during personal
reviews;
Source: www.cadenceinnova.com
BENEFITS OF REDUCING
THE GAP CONT.
Hiring the best talent will become
markedly easier. It will make it clear
to new candidates that they’re
entering a world of fairer
opportunities;
When it comes to remuneration, HR
teams will be spared the unsavoury
task of dealing with gender
inequality
Source: www.cadenceinnova.com
SHOW POSITIVE ACTIONS
Research shows that taking steps to
increase gender representation,
diversity and inclusion brings a whole
raft of further business advantages
with it.
Source: www.cadenceinnova.com
THE GENDER PAY GAP ≠
EQUAL PAY
The Gender Pay Gap is often
mistakenly and unknowingly
conflated with Equal Pay. This has
negative consequence, as it allows
people to shrug off the issue.
Source: www.cadenceinnova.com
THE GENDER PAY GAP
VS. EQUAL PAY
Equal Pay is where men and women are
paid the same amount for doing the
same work. To do otherwise is illegal.
Conflating the Gender Pay Gap with
Equal Pay is problematic as it allows
people to assume an organisation they
run or are employed by does not have a
gender issue, as long as they pay men
and women equally for the same roles .
Source: www.cadenceinnova.com
BUSINESS PROCESSES
TO BE IMPLEMENTED
Training needs to be combined with
assigned responsibilities for compliance
People need to be aware, but also
experience change
Mentoring needs to come with real
sponsorship (opening doors, making people
shine also in their absence!);
No awareness workshops, without increased
and measurable access to opportunities
Source: www.cadenceinnova.com
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