ONLY FAIR LEADERSHIP IS SMART MANAGEMENT
FAIR PAY INNOVATION LAB – WHAT WE DO
The Fair Pay Innovation Lab addresses every question surrounding fair pay. We support companies and organisations by translating fair pay into everyday business practice. We create space for dialogue at the interfaces of economy, politics and academia and give impetus to the discussion on the future of labour.
Knowing about the wage gap, and having the goodwill to close the gap, are evidently insufficient by themselves to trigger real and sustainable change. The FPI addresses this challenge by supporting companies in implementing fair pay, identifying specific measures and creating space for dialogue for everyone in the labour market. The FPI is a neutral actor, and in this role is unaffiliated to any party or organisation.
The FPI does however draw on a strong network of experts across various sectors and segments of the economy. Based on its robust financial expertise, state-of-the-art research insight and many years’ consultancy experience, the FPI gives impetus to the resolution of pressing questions on the future of the labour market.
A Pay Gap despite Consensus for Fair Pay
Since 2008, the Equal Pay Day has marked the gender pay gap in Germany. However, the gender pay gap has only fallen from 23 to 21 percent in the last ten years. So the gap stubbornly remains intolerably wide.
The surprising fact is: nobody aims to pay unfairly. All support fair pay, and the readiness to act is immense. The economy and political will have the same aim: payslips should be fair. Irrespective of this consensus however, women continue to be paid less for the same work.
So, why do we face such a pay gap when all agree to pay fairly? What are the central challenges on the way to fair pay? How can fair pay be implemented in companies? Knowing about the pay gap, and having the goodwill to close the gap, are evidently insufficient by themselves to trigger real and sustainable change. The FPI detects and disseminates strategies to sustainably close the pay gap.
Equal Pay Day
Equal Pay Day marks the day up to which women effectively work for free, where men start to earn on January 1 in a given year. The gender pay gap in Germany in 2016 currently is 21 per cent. Translating that into time, it means that women work for 77 days for free (21 per cent of 365 days). The next Equal Pay Day falls on 18 March 2018.
Equal Pay Day was brought into being by Business and Professional Women in America. In 1988, they initiated the “Red Purse Campaign” and called attention to the financial deficit (so “red” for a negative balance) in women’s purses. BPW Germany took up the idea, and held the first Equal Pay Day in Germany in 2008.
And with great success: the Equal Pay Day is now organised across more than 20 European countries. The Equal Pay Day draws attention to the fact that women continue to be paid less for their work than men. The campaign was able to identify, and call attention to, the – complex – reasons behind the gender pay gap.
Who we are
The Fair Pay Innovation Lab was founded by Henrike von Platen. The FPI has grown out of the Equal Pay Day campaign, which was initiated by the Business and Professional Women (BPW) Germany e.V.
Henrike von Platen was president of BPW Germany from 2010 to 2016. In 2016, Henrike von Platen, a business and financial expert, started the Fair Pay Alliance and gained a lot of support from actors in the economic and political spheres. Henrike von Platen is strongly convinced that fair pay could be very quickly achieved – if everyone were to push for change.
Fair Pay Management Circle
The FPI brings together experts and decision-makers from the economy, politics and academia. This informal exchange between all those involved in the economy and labour market is an ideal situation in which to develop ideas for innovative and transparent wage systems. The scope for making changes on the company side, and for action on the political side, will be identified within an impartial setting.
The fair pay management circles are not open to the public and take place on neutral ground. Participation is by invitation only. If you would like to participate or know someone who’d be interested, please contact us!
Call the Agent
The FPI supports companies and organisations in integrating fair and transparent wage systems into their everyday business. Whether micro-businesses or SMEs, large enterprises or major corporations, gender equality strategy, or entitlement to disclosing or reviewing wage structures – the FPI encourages companies to implement the recently-adopted transparency regulations in Germany and to develop hands-on fair pay strategies.
If you’re interested in consulting, keynotes or workshops, please do contact us!