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Friday Coffee Talk from Planet Fair

Margret and Henrike, the award-winning founders of PayAnalytics and FPI Fair Pay Innovation Lab respectively, converse with their guests about fair pay, equality and better workplaces, all while sharing their own visions of a future where we strive towards "Planet Fair". Margret usually has her cappuccino in Reykjavík or Washington, D.C. while Henrike enjoys her cup either at Berlin Wannsee or on an island in the Atlantic. The episodes are available as a YouTube Videocast or as an Audio Podcast. You can subscribe wherever you get your podcasts.

#14 - How not to be afraid of analyzing?
Coffee Talk

#14 - How not to be afraid of analyzing?

Margret and Henrike discuss why companies always become unsure after the first attempt - because they are afraid of the results of the pay analysis. Often, they want to keep their fair pay efforts a secret at the beginning. But what exactly are they insecure about? And how can they be made less concerned about the analysis?

#13 - How to build unbiased models for the future using data of the past?

After a crazy week, Margrét and Henrike talk about a white paper that our amazing data addict from Iceland has been working on with her colleagues. The paper has the fantastic and promising title: There Are No Colourblind Models in a Colorful World. And it deals with such important questions as to how to apply AI successfully to HR, how it can change people’s lives, and how all our data reflect the past and its systematic lack of women. Super fascinating!

#12 - What has working time to do with fair pay?

Margret and Henrike discuss how the diversity in workforces is reflected in working time arrangements and what effects this has on fair pay. Working time and fair pay are interlinked, but how exactly? Especially overtime or shifts and related pay and allowances have an impact on the pay gap. But is this fair? And how does this affect pay gaps?

#11 - How do we benchmark fair pay?
Coffee Talk

#11 - How do we benchmark fair pay?

Margret and Henrike discuss benchmarking. But how is fair pay compared? Does a company benchmark itself to other companies, or should it measure success based on its own standards? How important is salary when "more money" isn't even the most important reason to change a job, but most employees rather care about their careers? What impact has Covid had on salaries?

#10 - The European Union and its way to pay transparency

Margret and Henrike are joined by the strategy and policy expert Katinka Brose working at FPI with Henrike, and discuss many insights into the latest developments in European legislation. They talk about the International Pay Transparency Conference, where experts from around the world discussed the latest developments last week - and agreed on one thing in particular: More sanctions are needed.

#9 - What are the 6 major steps to fair pay?

Margret and Henrike discuss the International Pay Transparency Conference that took place on July 28, 2021. Margret and Henrike talk about major insights of the conference, best practices, and successful corporate strategies to close pay gaps - and not letting them open up again.

#8 - What does transparency mean to you?
Coffee Talk

#8 - What does transparency mean to you?

Margret and Henrike discuss the International Fair Pay Conference, in which Margret will participate (via videocall) as an expert. The focus of the conference will be on the new EU directive on fair pay, which is intended to ensure greater transparency across Europe. But what does transparency actually mean?

#7 - Why do we need transparency to be diverse?

Margret and Henrike discuss buying power, and the fact that so many women of minorities in post-Covid context are considering leaving their jobs in pay equity... But most of all, it's about the question: Why is transparency so essential on the path to equality?

#5 - Does everything have to be perfect from the start?

Margret and Henrike discuss the process needed to value activities for a non-discriminatory pay system. How can work be valued? What is the best way to measure the value of different activities? How can similar and equivalent activities be compared? And do these questions have to be answered perfectly from the start?

#4 - How expensive is it to close your pay gaps?

Margret and Henrike discuss the question of all questions: What is the actual cost of closing the pay gaps? They also try to understand an astonishing paradox - in the beginning people assume everything is fine within their organization, but at the same time they fear that closing the gaps could be terribly expensive. But is that actually true? How expensive is it really?

#3 -  Reducing Italy's pay gap by 7% by 2026

Italy, the country with the lowest participation of women in the labor market is finally making progress. In 2021, then-Prime Minister Draghi set ambitious goals for pay equity: The administration aimed to drive down the unadjusted pay gap from 17% to 10% by 2026. But how is Italy going to do it? And how will these changes impact employers?

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