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A Guide to Understanding Equal Pay, Pay Equity, and Pay Gap: DEI Perspectives on Pay with Laura Todd

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Did you know that 55% of LGBTQI+ women feel their pay doesn't reflect their work? Additionally, only 17% of LGBTQI+ women receive bonuses, compared to 30% of heterosexual men.

In light of LesbianVisibilityWeek, these statistics from Robert Walters ED&I Gender Report 2023 highlight the urgent need for equal pay and inclusion in the workplace.

In the latest podcast, Charlotte Sweeney OBE discusses DEI Perspectives on Pay with Laura Todd (she/her or they/them), the EDI Leader and Global Social Impact Senior Vice President for Cielo Talent. They explore the importance of equal pay, organisational responsibilities in achieving pay equity, and the challenges posed by global legislation.

Laura clears up the confusion around "equal pay," "pay equity," and "pay gap," explaining their distinct but related concepts see what each means below:

What is Pay gap reporting?

 

What is meant by equal pay?

 

What is Pay Equity?

 

Listen to the full podcast episode here: