FPI Fair Pay Innovation Lab gGmbH

At FPI, we take great pride in our growing community of companies committed to #FairPay. We celebrate our freshly recertified Fair Pay Leader BMW Group (AG) on todays International Women´s Equality Day! They have successfully narrowed the adjusted gender pay gap to -0.4% and the unadjusted gap to 2.4%. A round of applause goes out to our Fair Pay Developers certified or recertified in 2024, including Beiersdorf UK and GmbH, PUMA Germany and Spain, and MCT Agentur GmbH. They have made significant strides in closing the adjusted gender pay gap to within +/-1% and are actively addressing their unadjusted #GPG 🚀 Join us in championing these efforts towards fair pay practices! 🚀 All pay gap data details or our Fair Pay Leaders --> https://lnkd.in/dSnEbqxJ #InternationalWomensEqualityDay #UniversalFairPayCheck #PlanetFair

  🌟 Many European countries are spearheading change with innovative policies and best practices to tackle pay disparities. For instance, Germany has enacted transparency laws aimed at narrowing the gender pay gap, while Iceland enforces the Equal Pay Standard. With the EU directive on pay transparency imminent, these efforts resonate deeply with our mission at FPI and the principles of the #UniversalFairPayCheck. Our CEO, Henrike, and Lea from our partner Mercer delve into these crucial topics in the video below. https://lnkd.in/gKexVj3Z ✨ Let's draw inspiration from their discussion and join us in driving change. Together, we can eliminate all pay gaps! Join us on our journey to #PlanetFair, where you'll participate in our quarterly #FairPayManagementCircles, sharing best practices among organizations. These circles serve as a platform for meaningful exchange, aiding organizations in closing the pay gap, achieving certification, and collectively progressing towards Planet Fair! #GenderPayGap #BestPractices  

El FPI Fair Pay Innovation Lab gGmbH ha avalado las #buenasprácticas de PUMA Group en España. Elena Demattè, directora de People&Organization de la firma alemana en el Sur de Europa, muestra su satisfacción por la obtención de este certificado https://lnkd.in/dRsPYsFS

🚀 The latest Best Practices for achieving Fair Pay🚀 At FPI, we're dedicated to ensuring fair pay for all employees. The Fair Pay Management Circle (FPMC) is the name of our best practice discussions, to which we invite companies participating in the Universal Fair Pay Check in an exclusive round and confidential atmosphere. Recently, the companies attending identified two critical areas where many organizations can improve: equitable bonus distribution and balancing part-time and full-time salaries. 👷♂️ 👷♀️ For instance, new employees sometimes miss out on bonuses intended for those who have been with the company longer. Developing a bonus structure that rewards all contributions fairly is crucial, as highlighted in various studies on equitable compensation practices. These discussions take place quarterly on neutral ground in compliance with Chatham House Rules and are not made public. Participation is by invitation only: all participants in the UNIVERSAL FAIR PAY CHECK® will receive invitations to our Fair Pay Management Circle. 🎖 A point to remember, when collecting salary data, it´s essential to calculate the full-time equivalent to ensure that part-time employees' salaries reflect their hours worked and are comparable to full-time employees. The UK's Department for Business, Energy & Industrial Strategy (BEIS) emphasizes the importance of fair pay for part-time workers in their reports. These practices promote fairness and equity, ensuring all employees are compensated justly for their time and efforts. Join our discussions and let´s continue together to champion fair pay in our workplaces! 🎉🎉   #FairPayManagementCircle #BestPractices #EquitableWorkplace #EmployeeCompensation #PartTimeFullTime #InclusiveWorkplace

🚀 Celebrating Achievements in Spain! 🚀 Exciting Monday! We are thrilled to announce that PUMA Spain has achieved our Universal Fair Pay Check as a Fair Pay Developer with an Adjusted Pay Gap of +/-1%.  Their commitment to best practices has borne fruit, and we extend our heartfelt congratulations to PUMA Group for their outstanding performance in closing the Gender Pay Gap. Along these lines, Spain has made significant strides in closing the gender pay gap, reducing it from 18% in 2007 to 12% in 2019. The country has also implemented robust equal pay laws and ambitious parental leave policies, ensuring both parents receive 16 weeks of paid leave. 👫 Let's continue pushing for progress and innovation! 💪 Join us in celebrating these achievements and working towards a future where gender equality is a reality for all. On the other hand, we want to extend our heartfelt congratulations to PUMA Spain for Spain's recent #Euro2024 victory. This is a tremendous achievement, and we are thrilled to celebrate this success with you all... Esteve Planas, Dietmar Knoess, Gulya Bakeberg. #GenderEquality #FairPay #Innovation #Leadership #EqualPay #ParentalLeave #UniversalFairPayCheck

🚀 Highlighting Best Practices in Achieving Fair Pay 🚀 We are dedicated to closing the #GenderPayGap and promoting #FairPay #BestPractices. Recently, we've been inspired by insightful coffee talks featuring organizations like Novartis, PUMA, and Breitling that showcase best practices in achieving gender pay #equity. These companies emphasize the importance of #transparency and thorough #payequityanalysis for identifying and resolving pay disparities. As Vidir Ragnarsson points out, they set an example for others to follow by openly sharing pay data. Creating an #inclusive company culture where all employees feel valued and respected is crucial. As our CEO Henrike affirms, these companies are nurturing environments that support equal opportunities for all genders. Conducting regular pay audits is a proactive measure that these organizations implement to ensure fair pay. As stated by Marcus Priest from Novartis, this consistent practice helps to spot and correct gender pay gaps. Providing training and development opportunities for employees supports career growth and ensures that all employees have access to the same opportunities, which is vital for achieving pay equity, according to Margret Bjarnadottir. Flexible work arrangements also play a significant role. By embracing #flexible work policies, as suggested by Nadja Sirotkina from Breitling, these companies accommodate the diverse needs of their workforce, helping to level the playing field. Finally, strong #leadership commitment to gender pay equity is fundamental. Leadership engagement and commitment to fair pay initiatives, as highlighted by Dietmar Knoess from PUMA, drive organizational change and set a standard for others to follow. These best practices not only contribute to closing the gender pay gap but also create a fair and inclusive #workplace. By implementing these strategies, companies can make significant steps toward achieving gender pay equity. We encourage you to watch these videos and learn more about how we can collectively work towards eliminating the gender pay gap. Do you have a best practice to share? Please reach out to us or contribute via the comment field. **Let's continue to support and promote fair pay practices in our organizations together!** check out the best practice playlist --> https://lnkd.in/dCTYU3af #GenderPayGap #FairPay #BestPractices #EqualPay #InclusiveWorkplace #Leadership #CoffeeTalk

🚀 Inspirierendes Interview mit Henrike von Platen im DER SPIEGEL! 🚀 Im Gespräch mit Larena Klöckner ging es nicht nur um dänische Fußballnationalspieler, sondern auch um #GenderPayGap im Unternehmenskontext. Unsere CEO Henrike von Platen betont: "Erst wenn wir erkennen, dass wir die Stellschraube sind, können wir als Unternehmen ungleiche Bewertungen abschaffen und durch faire Bezahlung überzeugen! Mut zum #EinfachMachen und kontinuierliches Suchen nach Lösungen sind der Schlüssel." Auf unserer Reise nach #PlanetFair🚀 finden wir gemeinsam im #bestPractice Austausch Wege, wie wir diese Herausforderungen angehen können. Ein erster Ansatz, sehr hohe Gehälter zu überdenken und faire Strukturen zu schaffen. #GenderEquality #FairPay #Unternehmenskultur #UniversalFairPayCheck

🚀Thrilled to Share an Inspiring Conversation! 🚀 Our CEO Henrike von Platen and Nadja Sirotkina, Compensation & Benefits Manager at BREITLING had an incredible discussion. They revealed Breitling AG's groundbreaking strategies for tackling the #GenderPayGap and promoting #fairness in the #workplace. 🚀 Don't miss out on this insightful conversation that can transform your organization’s approach to #FairPay! 👉 Watch the full discussion and discover how to implement these best practices to make a positive impact and move us closer to a #PlanetFair! 🌍 #BestPractices Let’s unite for a more equitable future! 🌟

🚀Thrilled to Share an Inspiring Conversation! 🚀 Our CEO Henrike von Platen and Nadja Sirotkina, Compensation & Benefits Manager at BREITLING had an incredible discussion. They revealed Breitling AG's groundbreaking strategies for tackling the #GenderPayGap and promoting #fairness in the #workplace. 🚀 Don't miss out on this insightful conversation that can transform your organization’s approach to #FairPay! 👉 Watch the full discussion and discover how to implement these best practices to make a positive impact and move us closer to a #PlanetFair! 🌍 #BestPractices Let’s unite for a more equitable future! 🌟

Six month have passed since the revealing meeting at the Reykjavík Global Forum on the cost of living, wealth/poverty, and women. The ideas shared are highly motivating and up to date in our fight against women being disproportionately affected by the cost of living. The discussions on #energy and #pensions are concerning for women, especially single mothers, as well as the representation of women in high-level corporate and political positions. But there is hope - from Christina McKelvie Scotland, Dagur Eggertsson Reykjavík, Ebony Young, MSOL New York, and Ulrik Vestergaard Knudsen OECD, there's a belief that greater participation of women in the labor market and better working conditions must be at the core of our main goal: eliminating all types of #wagegaps, especially between men and women. If you want to meet our CEO Henrike von Platen in person in Reykjavik, get ready for the next round in six month! #FairPay #GenderEquality #WageGap #WomenInLeadership #EqualPay