AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Economics Show
Does pay transparency work? With Zoe Cullen and Pilita Clark
Jun 24, 2024
Harvard professor Zoe Cullen and FT columnist Pilita Clark discuss the benefits and risks of pay transparency. They explore how different types of transparency can impact gender pay equality and workplace dynamics. The podcast also examines the impact of pay transparency on job advertisements and analyzes studies on its effectiveness in addressing pay disparities.
26:34
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Horizontal pay transparency addresses gender disparities in pay but faces challenges in interpretation and implementation.
- Vertical pay transparency motivates employees by revealing higher-ranking salaries and improving understanding of salary growth trajectories.
Deep dives
Horizontal Pay Transparency: Revealing Pay Disparities Within Companies
Horizontal pay transparency involves disclosing pay discrepancies among colleagues within the same firm. This form of transparency, seen in laws like the UK's gender pay gap reporting, aims to address gender disparities in pay. While it was expected to reduce the gender pay gap, actual impact has been slower. Challenges arise in interpreting the data due to varying factors affecting pay, potentially leading to unintended consequences and rigid pay structures.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode