Join Buro Happold’s Head of People Data, Vicky Thorburn; Payscale’s Director of Social Impact, Vicky Peakman; and Payscale’s Chief Product Evangelist, Ruth Thomas on Tuesday, January 17th at 9 AM PST as they discuss their pay equity journeys and how organisations can address this issue.
2. Today's Presenters:
Ruth Thomas
Chief Product Evangelist
Payscale
Vicky Peakman
Director of Social Impact
Payscale
Vicky Thorburn
Head of People Data
Buro Happold
Engineering
4. Pay Equity has become a political, social, and
economic issue
All these factors are converging to create a moment for change
An evolving legislative
landscape which is shifting
onus for action to employers
A shifting social climate
that is driving employee
expectations around fair pay
A multi-stakeholder
issue with investor,
employee, and customer
pressure increasing
5. This new focus is leading to a shift of approach
Litigation Focused
Proactive
Strategic
Imperative
HR and Legal
C Suite, Investors,
Employees
Ongoing and Part
of Every Day
Point in
Time Analysis
Reactive
6. The legislative and reporting outlook
Pay
transparency
Gender
audits
Reporting
requirements
Equal pay
certification
7. What is coming up?
EU Directive on Equal Pay & Pay Transparency
Increase in ESG-related shareholder proposals were filed - Pay Gaps are
part of ‘S’
UK Ethnicity and Disability pay gap reporting
UK pay transparency pilot / Liberty Hive campaign
8. 8
Poll: Has your
organization conducted
pay equity analysis?
❑ Yes, continuously
❑ Yes, annually
❑ Yes, every few years
❑ Yes, but many years ago
❑ No, never
❑ Unsure
9. Pay equity intent is on the rise
For the first time in the history of CBPR, pay equity
analysis is now something a majority of orgs are
planning on doing.
2022 Payscale Compensation Best Practices Report
Pay equity is being seen as a critical talent
strategy tactic more than a compliance exercise
10. Question 1: Starting your pay equity journey
How have you gone about moving from just
reporting your pay gaps in the UK to actually
trying to fix any issues you have
in your organisation?
11. Question 2: Pay equity across borders
How does it work when you are juggling pay
equity in more than one country? How are you
handling the differing perceptions and views?
What challenges are you running into?
12. Question 3: Pay transparency
How is new transparency legislation that
is coming in the US and EU impacting you? Are
you also implementing in the UK, making you
ahead of the curve?
13. Question 4: Top tips and takeaways
What advice would you give
to companies starting out on their pay
equity journeys? Any specific advice
for companies in more than one country?
14. Top tips
Get the data and tackle it head on
1
2
3
Start taking action, even if they’re small
Measure often and don’t be deterred by setbacks
– it’s a journey
Vicky Thorburn
Head of People Data & Insights
Buro Happold Engineering
15. Top tips
Replicate the most stringent requirements that
apply to you everywhere. Keep it simple!
1
2
3
Communicate – take your managers and
employees along with you
Vicky Peakman
Director of Social Impact
Ensure that you have a good job architecture in
place
16. Top tips
Understand the business case for fair pay and
how this aligns with your values
1
2
3 Collect and disaggregate data
Ruth Thomas
Chief Product Evangelist
Act local think global