How To Build Trust in Your Workplace Through Pay Equity and Transparency with Sally Loftis
This episode of the HR L&D Podcast is sponsored by Deel, the all-in-one Global People Platform that simplifies how you manage the entire global team lifecycle. Hire and onboard talent in over 150 countries in minutes. Run payroll in over 100 countries with one click. Offer competitive benefits, equipment, and equity from a single dashboard. From contractors, direct employees, EOR, and more, you can manage them all in one place with Deel.
Welcome to "The HR L&D Podcast," your go-to source for transformative insights in the HR and L&D space.
I'm Nick Day, CEO at JGA Recruitment, A specialist HR Recruitment Search Firm and today we are joined by Sally Loftis, a champion of pay equity and transparency, from Loftis Partners LLC.
With a rich background in human resources strategy and a passion for fostering equitable workplaces, Sally brings her expertise on a topic that's crucial in today’s HR landscape—building trust through transparent pay conversations.
Sally is a Managing Director at Loftis Partners LLC which is a 100% woman-owned human resources consulting firm located in the Blue Ridge Mountains of North Carolina.
Sally also serves as a faculty member for the Centre for Trauma-Resilient Communities and lead consultant for two justice-driven consulting firms, Wayfinding Partners (Washington, DC) and Brook Graham (London, England). Sally is also a certified Appreciative Inquiry Facilitator.
In this episode we cover:
- Pay Equity: What it is and why it’s crucial for fairness and productivity.
- The Legal Importance of Pay Transparency: Current regulations and their impact on the workplace.
- Salary Ranges: Reasons behind companies posting broad pay ranges in job listings and the deeper aspects of pay transparency and its implementation.
- Engaging Remote Teams: Innovative strategies to keep your distributed team connected and motivated.
- Building Trust Through Pay Conversations: How transparent pay practices can enhance trust within your organisation.
- Defining Pay Transparency: A clear explanation of what pay transparency entails.
- Success Stories: Examples of organisations effectively implementing pay equity and transparency.
Connect with Sally:
Website: https://www.loftispartners.com/about
The Pay Equity Guide for Nonprofit Organizations: https://www.amazon.com/Pay-Equity-Guide-Nonprofit-Organizations/dp/B0D4JJWS62/ref=sr[…]words=sally+loftis&qid=1718811277&sprefix=%2Caps%2C146&sr=8-1
LinkedIn: https://www.linkedin.com/in/sallyloftisloftis/
Find your ideal candidate with our job vacancy system: https://jgarecruitment.ck.page/919cf6b9ea
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Connect with Nick Day:
LinkedIn: https://www.linkedin.com/in/nickday/
Of course, if you are an HR or L&D professional listening to this podcast and you have an HR, HRIS or L&D related vacancy that you would love some specialist HR recruitment support with – please also get in touch with me! I would love to help show you what a great HR recruitment experience feels like! You can reach out to me directly at nick@jgarecruitment.com or give me a call – 01727800377.
Thanks for listening folks – I look forward to bringing you the next episode of the HR L&D Podcast real soon!
(00:00) Introduction
(02:24) Defining Pay Equity
(05:14) Importance of Pay Transparency
(09:37) Legal Aspects of Pay Practices
(14:08) Building Trust Through Transparent Conversations
(17:59) Strategic HR Conversations
(22:06) Challenges in Recruitment and Retention
(26:25) Impact of Location on Pay Equity
(30:41) Implementing Pay Equity: Steps and Phases
(34:27) Real-Life Examples and Case Studies
(38:51) Future Trends in Pay Equity and Transparency
(42:31) Sally Loftis's Upcoming Book on Pay Equity
(45:32) Sally’s Advice for HR