Episode 124: Fair Pay, part 2: Transparency Matters
/“Younger generations have way different expectations around pay transparency than previous generations.”
Photo by RomoloTavani/iStock / Getty Images
“Men in Iceland are used to the claims of women and support it to a certain extent. At the same time we’ve had a rather polarized debate in Iceland. ”
This is the second part of a two-episode show on women's pay. You can find the first show here.
In this one we talk about why companies should be more transparent about their pay practices. Payscale's Lydia Frank says you don't have to brandish everyone's paychecks, but let's end the silence around compensation. It's not rude to discuss money at work - people want to make sure they're being paid fairly. And we talk to University of Iceland professor Thorgerdur Einarsdottir about Iceland's new equal pay law. It puts the onus on employers, not employees, to ensure men and women are getting paid the same for equal work.
Finally, we come back to negotiation: is it fair that women have to negotiate for better pay when studies show many of us hate doing it and fare worse then men?
You can also read a transcript of the show.