Friday Coffee Talk from Planet Fair

Margret attended the EPIC (Equal Pay International Coalition) technical meeting and gives an update. During the two day meeting the discussion focused on persistent gender pay gap, the pension gaps and strategies for pay transparency. During her short remarks during the meeting Margret emphasized that we have to tools to drive the equal down to zero - yesterday!

What about benefits? 

Mastering Pay Equity: Tackling Employee Benefits, Health Insurance, and Fair Compensation Strategies. Are your benefits truly fair? Join Henrike and Margret as they delve into the intricacies of employee benefits, health insurance, and fair compensation strategies. Gain valuable insights and practical advice on ensuring equity in your organization's benefits package.

After three years of intense coffee talks, Margret and Henrike took a well-deserved summer break that stretched into the fall, and now they're back in action! In Episode 66, they share what they've been up to and how their focus has evolved over the years. Tune in to catch up with them and hear about their exciting new directions.

Three years ago, the watchmaker Breitling conducted fair pay analysis for its largest employee population, based in Switzerland. The results gave them an appetite to do more, so they began a global analysis across dozens of markets. Rewards and performance lead Nadja Sirotkina tells Henrike about the lessons the company has learned.

Margrét Bjarnadóttir gets to us from Total Rewards 24 in Cincinnati with some exciting takeaways from the conference.

Now in its fifth year, the UN Global Compact’s Target Gender Equality Accelerator program supports employers working towards equal pay and workplace gender diversity. In this coffee talk, Margrét learns more about this program from the UN’s Salma Houerbi.

What happens when an employer can’t adequately explain why an employee’s pay is what it is? Or what if their explanation is based on “the old way” of doing things? In this coffee talk, Margrét and Henrike discuss pay bands, pay philosophy, the EU pay transparency directive, and how to minimize confusion while trying to close the gender pay gap.

In this coffee talk with Henrike von Platen and Dietmar Knoess of the PUMA group, we hear about both the pleasant surprise and the challenges in PUMA’s journey into fair pay leadership.

It’s intuitive that a gender pay gap would leave women feeling less than satisfied in the workplace. But according to Sana Zafar, our coffee talk guest, the real effect is more nuanced. Pay gaps lead to lower satisfaction among both women and men, but through different mechanisms.

University of Iceland Researcher Thora Christiansen has been looking into why, despite Iceland’s intensive work on pay equity, there are still so few female CEOs. In this coffee talk, Thora joins Margrét to talk about her research into this problem—and a few possible solutions.

Systematic bias is stubborn. Demographic pay gaps can still remain, even after companies do a pay equity analysis and give raises to underpaid employees. But based on recent research by Margrét and her co-authors, there’s a better way to close the gap: structured pay equity analysis. Margrét and Henrike discuss in this week’s coffee talk.

Looking for a bite-sized introduction to the EU Pay Transparency Directive? This week’s coffee talk breaks it down in simple terms. Watch the episode now!