FPI RETURNS TO NEW YORK FOR THE 63RD SESSION OF THE COMMISSION ON THE STATUS OF WOMEN
The past year has witnessed an exponential increase in international cooperation aimed at monitoring and closing the gender pay gap. Important strides have been made, but the struggle for fair pay is far from over. Now is the time to take advantage of this momentum! Join us at the Fair Pay Global Forum on Wednesday, 13 March 2019, held in parallel with the 63rd Session of the Commission on the Status of Women (CSW63).
At the first Equal Pay Global Forum in March 2018, FPI and the International Labour Organization (ILO) brought together more than 100 attendees to tackle issues surrounding the global implementation of equal pay: The Equal Pay International Coalition (EPIC) was heralded as a way forward in breaking the rampant glass ceilings still in place, while the key potential of diversity strategies were identified not only within companies, but with regard to products and clients as well. Politicians, activists, and professors alike found common ground in demystifying the self-optimized woman – fixing women won’t fix the gender gap. Only a reimagining of current labor structures will do so, whether through political, economic, or individual initiatives.
EPIC changes, Iceland first
Coalitions such as EPIC, led by the ILO, UN Women, and the OECD, have strengthened international cooperation toward the achievement of SDG 8.5. FPI works with their fellow EPIC members to intensify international outreach. Fair pay was on everybody’s lips toward the end of last year at the Women Leaders Global Forum and Davos, to which FPI founder Henrike von Platen had been invited by SAP to report on pay equity.
Iceland and the UK are the first countries to be able to boast about putting SDG 8.5 into practice. In Iceland, larger companies had to earn an obligatory equal pay certification by December 2018. In the UK, the first deadline by which companies had to report on their gender pay gap has come and gone, and the next deadline is just around the corner. A new law on pay transparency in Germany has sparked a discussion on fair pay even among companies, indicating that further action toward implementing fair pay is now inevitable.
Let’s talk about the future!
There are many reasons to be optimistic, not least of them being the legislative successes of the past year. Businesses are placing greater emphasis on gender diversity, and gender pay reporting was one of the biggest business news stories of the year.
The Fair Pay Global Forum will contribute to the momentum of the past year by sharing best practices on pay equity. Speakers such as Dr. Patti Fletcher, Dr. Sylvie Durrer, and Sherry Hakimi will discuss cutting edge strategies for the practical implementation of fair pay strategies through intelligent tools designed to monitor and assess the gender pay gap.
As equal pay for equal work rises increasingly higher on the international agenda, transforming principles into practice is both crucial and timely. The Fair Pay Global Forum offers a unique opportunity for dialogue between economic experts, business leaders, politicians, and many others on the future of labor practices rooted in justice.
Are you an expert, executive or decision-maker, from business, academia or politics? Are you interested in joining this CSW63 side event organized by the FPI Fair Pay Innovation Lab in cooperation with SAP SE? There are still places available and it would be an honor to welcome you there!
When? Wednesday, 13 March 2019, 11:00 am to 12:30 pm
Where? SAP, 10 Hudson Yards, Designers Space - 48th floor in the Leonardo Center, New York
FPI - What we do
Why does the gender pay gap prove so intractable? What is standing in the way of fair pay for all? What do companies need to do in order to put sustainable pay strategies into practice?
Knowing about the pay gap and being willing to rid the world of the unjust state of affairs are evidently not enough to actually ensure fair pay. It is right here ...