What's going wrong? Resources and data are limited and many DE&I strategies are overly focused on bringing in diverse talent, but failing to promote or retain them (a problem known as the "leaky bucket"). You need a way to focus your efforts on your biggest areas of impact — to sustainably increase diversity, reliably close pay and opportunity gaps, and build confidence with employees and investors alike.
That's why it's time to shift your focus away from promises to progress — using workplace equity as your guide.
Calls for progress and accountability
Employees are willing to walk away
20% of workers globally are planning to quit their jobs in 2022.2 76% of employees would consider seeking new employment if they discovered an unfair gender pay gap or a lack of DE&I.3
Investors are holding companies accountable
Over 25% of global investors say ESG is central to their investment approach.4
Disclosures are on the rise
Companies are gearing up to report on their pay and ESG metrics as legislative bodies demand for action on pay gaps.6
01 Step 1 •
Measure representation and benchmark against available talent to set realistic, data-driven diversity goals.
02 Step 2 •
Analyze equity in pay and opportunities — from hiring and promotions to assessments and retention — to uncover your biggest areas for improvement.
03 Step 3 •
Resolve your adjusted pay gaps and systematically address the drivers of your unadjusted pay gaps.
04 Step 4 •
Monitor progress over time.
The analytics you need
Our Workplace Equity Platform uncovers inequities and helps you build a custom DE&I strategy tailored to your biggest gaps and opportunities. By automating analyses that are often done manually and in silos, our platform provides a holistic view of where you stand on fair pay, equal access to opportunities, and representation. Then we show you where to focus your efforts to accelerate progress and maintain gains over time.
Measure equity in hiring, promotions, and retention, benchmark against available talent, and make progress on diversity goals.
Rapidly analyze and resolve
pay disparities with an enterprise-grade platform designed for global compliance.
Ensure starting salaries are fair and equitable with real-time insights and recommendations for
every new hire.
Using proven practices and methodologies, partner with our team of experts, who provide ongoing expert best practice, data science, and communications consulting and support.
Your Guide to Workplace Equity
This guide offers strategies to help understand, measure, and improve all aspects of workplace equity. We detail a step-by-step approach you can use to define success using data and insights, prioritize your biggest areas of opportunity, and make incremental progress on realistic goals. We also outline key measurements that support ongoing monitoring and shared accountability, so that when you make improvements, you're well equipped to sustain them.
Moving Beyond Pay to Address the Pay Gap
There are new headlines every week about the gender and racial pay gap and its impact on wealth accumulation for women and people of color throughout their career. But the pay gap is complex, and companies will never solve it if they focus on pay alone. So what does it really take to address this inequity? In this webinar, our experts discuss what's actually causing the pay gap and how to create a workplace equity roadmap that makes lasting change.
1 Eurostat "Gender pay gap statistics," March 2022. https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Gender_pay_gap_statistics#Part-time_versus_full-time_employment.
2 Ellerbeck, Stefan "The Great Resignation is not over: A fifth of workers plan to quit in 2022," July 28, 2022. https://europeansting.com/2022/06/28/the-great-resignation-is-not-over-a-fifth-of-workers-plan-to-quit-in-2022/.
3 Matt Gonzalez, SHRM, "Workers Expect Equal Pay, DE&I Policies from Employers," May 11, 2022. https://www.shrm.org/resourcesandtools/hr-topics/behavioral-competencies/global-and-cultural-effectiveness/pages/workers-expect-equal-pay-dei-policies-from-employers.aspx.
4 Jessica Ground, "ESG Global Study 2022," June 17, 2022. https://corpgov.law.harvard.edu/2022/06/17/esg-global-study-2022/.
5 European Commission, "Proposal for a Directive of the European Parliament and of the council to strengthen the application of the principle of equal pay for equal work or work of equal value between men and women through pay transparency and enforcement mechanisms" 2021. https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52021PC0093&from=EN.
6 Benjamin Clark, "Wage against the machine: why you should know what your boss and colleagues earn" April 28, 2022 https://www.crikey.com.au/2022/04/28/know-how-much-your-boss-and-colleagues-earn/.