THE FAIR PAY INNOVATION LAB – WHAT WE DO
The FPI ensures equal opportunities in every company. Our goal: fair pay for all people in the world.
We advise companies and show possible solutions how to implement a pay system that is fair for all employees: Those who ensure neutral, objective, and stereotype-free structures leave no room for discrimination. In this way, income gaps such as the gender pay gap, age gaps, or ethnicity gaps can be closed and a renewed divergence of wage gaps prevented. At the beginning of a remuneration strategy, there is always an analysis: On this basis, measures and instruments can be identified, implemented, and monitored in a tailored manner.
In order to develop the best strategies and find the most suitable measures and instruments, we constantly monitor the latest developments, collect diverse examples of best practices and ensure a constructive exchange between companies. We connect people and think out of the box. We share our fair pay knowledge with decision-makers and experts in companies and institutions around the world: we are situated at the interfaces between economy, academia, and politics.
Fair pay is the key to equal opportunities for all people - no matter where they come from, who they love or what they believe in.
What has happened so far
The Fair Pay Innovation Lab was founded in the summer of 2017 by Henrike von Platen in Berlin. Since then, we have conducted numerous Fair Pay Management Circles and a large Best Practice Summit in Berlin, Germany, held a number of lectures and seminars, discussed with hundreds of experts from business, academia, and politics, and searched for the fastest ways to achieve fair payment in New York, Reykjavík, and Davos.
Progress is visible: since 2017, the German law on pay transparency has guaranteed employees the right to transparency. In Great Britain, reporting obligations make differences in income visible. In France, companies are monitored by an equality index. And in Iceland, the most effective equal pay laws in the world are shrinking the pay gap. A variety of software offers help with the implementation and the Icelandic Equal Pay Standard is applicable in every country, every industry, every company.
Three years after its foundation, it was high time to link the many Fair Pay threads together on an international level: The Corona crisis has made it even more apparent how unfair many areas and industries are all over the world. At the same time, many companies have to bundle their energies and save their resources. In the summer of 2020, the FPI, therefore, teamed up with the best analysis partner in the world. Since then, the Universal Fair Pay Check sheds a light in the jungle of measures and enlightens the global certification chaos.
This is how fair pay works!
There are many ways and means to certify pay strategies and achieve recognition for Fair Pay. But until now, none of today’s auditing…
Universal Fair Pay Check
The Universal Fair Pay Check provides guidance for companies and sheds a light on the choas of different certification methods.