Make your promotion negotiations fair for women
Another significant reason for the Gender Pay Gap is that women are often passed over for promotion and associated pay rises resulting in men working in higher paid jobs than women. In fact for every 100 men promoted to manger level only 79 women are promoted. Women are more likely to be hired into a manager position than promoted into one. We don’t need to do the maths for you here to tell you that your company is losing great female managers to other companies and you’re paying a high turnover cost to replace them.
You already know having happy, fairly paid and valued women working for your company has significant benefits:
Companies with strong female leadership make more money, 36.4% more return on equity to be precise.
Companies with more women retain more employees, turnover rate is 22% lower for companies with diverse teams and turnover = expensive.
Can you afford to be negotiating unfairly with women during your promotion process when the effects on your company are substantial and wide-reaching?
If your company is only discussing promotions when initiated by your employees, not discussing relevant promotion opportunities with all appropriate employees, creating work environments for senior leaders that not conducive to people who caregivers to children or elderly relatives or letting only one person decide about a woman’s promotion and compensation, then your company is likely creating an unfair situation for women to enter a negotiation that will result in unequal pay.
These are just some of the ways that your processes combined with the unconscious biases of your team members can contribute to creating unfair decisions when it comes to negotiating with women leading to unfair pay and the resulting pay gap.
To help you remedy this situation, She Wins has designed a unique training course that addresses the issues your company is facing and identifies solutions. Together with our specially selected trainers we will help you identify the parts of your promotion process where your company is negotiating with women, paying particular attention to those areas that can be effected by individual team member bias. Then we will work together on designing and applying improvements that combined together will have a substantial effect.
Overtime you will notice an increase in the number of talented women in senior roles at your company as well asa measurable reduction in your Gender Pay Gap. Additionally you'll notice more talented women are attracted to roles at your company as you gain a reputation for being a fair place for everyone to work regardless of their gender, ethnicity or background.
As a result of this program, you will promote, pay fairly and keep more amazing women in all levels of seniority.
Training day outcomes:
Learn about how unconscious bias works
Explore how unconscious bias effects the way we negotiate with women when deciding who to promote
Identify yours and your team's unconscious biases, in a safe environment
Assess your promotion process and how you negotiate with women during it
Actionable Ideas and areas where you can improve
Create an action plan that you as a team will commit to
What will you get:
1-day training for you and your team with a top notch trainer
Training materials to keep for each attendee
10-week follow up program delivered via email that will encourage your team to continue learning and discussing the topic and let you focus on your action plan
Who's it for: Senior Leaders, HR teams, Hiring managers 12-15 people
Price: Please enquire for prices