Closing the pay gap

first_img Comments are closed. Related posts:No related photos. Highstreet bank HSBC has become a standard-bearer in the Government’s drive toclose the equal pay gap. But even though it has been auditing pay for nearly 30years, it still cannot claim to have got it completely right. By Philip BoucherLast December, Trade and Industry Secretary Patricia Hewitt unveiled theGovernment’s response to the Kingsmill review into equal pay. The proposalsincluded the right for women to know what male colleagues at the same level areearning and the requirement for firms to include information on employment andpay diversity in annual reports. While the recommendations stopped short of introducing the compulsory payaudits demanded in some quarters, Hewitt suggested that legislation wouldfollow if business failed to make sufficient progress on the issue. TheSecretary of State also outlined Government plans to encourage firms to takethe initial step of conducting an equal pay audit. Since Hewitt’s announcement,the Office for National Statistics has shown that women working full-time in2001 earned 18.5 per cent less per hour than men doing comparable or similarjobs. Women and Men in Britain: Management, an Equal Opportunities Commissionreport published in January 2002, also revealed that while women now accountfor 30 per cent of managers in Britain, they still earn 24 per cent less thanmale managers. And the UK is also lagging behind Europe. The most recentEuropean-wide study, the Structure of Earnings Survey, claims that women in theUK are paid only 66 per cent of male earnings. Only one other country, TheNetherlands, pays less than 70 and six pay more than 80 per cent. These developments are forcing many organisations to think about the issuefor the first time. And while most understand the principles of best practiceon equal pay, the vast majority have no experience of its practicalimplementation. They want to know how best practice can be made to work in thisarea and, more importantly, how to act on any discrepancies that may come tolight. Len Aspell, head of employee relations at HSBC, says: “I think thatbest practice is knowing what your policy is actually supposed to be doing, andestablishing if you are meeting that. Quite simply, if you’re going to make astatement on best practice you have to be able to back it up. “You can only start doing this by considering if there are anydifferences,” Aspell continues. “And the only way you can do that isby gathering the information on staff that you need.” This means analysing your pay across gender and grade levels to see if anyanomalies occur. And if the evidence given to the Equal Pay Task force is to bebelieved, employers are frequently shocked by the evidence this reveals. Aspell says: “Many employers who said they did not have a problemactually did but were not aware of it.” HSBC itself is currently close to having complete equality in pay. But ithas had a head start: unlike many firms it has been analysing its pay systemssince the 1970s. Over the years its approach to pay has moved from age-relatedscales through job evaluation to broad banding which was introduced in 1987. In 1995, the high street banker undertook a massive overhaul of its paysystem, placing greater emphasis on market worth within each pay band. Thisenabled the firm to introduce transparent pay rates for clerical staff in 1998.Currently all staff, provided they are fully competent, are paid at a spot ratefor their grade and location. Similar arrangements have been in place in HSBC’stelephone banking arm First Direct since the early 1990s. But more importantly, HSBC has taken great care to ensure its stated equalpay policy is communicated throughout the company and reviewed annually. Paygrades are evaluated each year in a process overseen by a central committee ofdemographically representative delegates [see box]. The result is a pay system that is not only transparent, but continuallystriving to become completely fair. According to Aspell, the most recent audit,which has just been completed, shows the bank is succeeding in its aim ofreducing pay irregularities that remain. Aspell says: “At the management level, women receive between 95 and 100per cent of the pay their male counterparts receive. And in the clericalgrades, it varies between 99 per cent and 104 per cent. I am quite satisfiedthat we are moving in the right direction for both clerical and managementlevels.” The reason HSBC has been able to claim this is partly the length of time ithas been focusing on the issue of equal pay. But it is also a product of thewhole company being aware of the issues and pulling in the same direction toput things right, Aspell says. “We are beginning to get line managers and HR management to focus onequal pay together. It is important to get as many people on board as possible– particularly the facilitators, the policy advisers and the employeerepresentatives.” However, despite its best attempts, the bank still has a range of issues todeal with – not least that female managers are still likely to be paid lessthan men. Aspell himself admits that the process is very difficult to perfectand needs to be continually appraised and updated. One constant complicating factor is that pay is affected indirectly bymultiple factors, such as length of tenure and location, and that extractingthese inequalities means mining deep into the culture and policies of theorganisation. “Hewitt’s concept is fine, ” Aspell says, “but I would justadd a word of caution that you need to look behind why there is a differencebefore you make any changes. “As a company we are quite happy to do it. But very often a person’spay is affected by where they are working and what the market factors might be.For instance, an IT manager in Lincoln is going to be paid far less than an ITmanager in London. You have to remember that pay is a market issue.” Aspell suggests that in HSBC there is currently about a 1 per cent gapbetween the sexes in the step up to the next management level. However, furtherup the chain the differences become as wide as 3-4 per cent. Aspell says: “We need to understand why this is happening as it hasobvious implications for the diversity within HSBC. But it’s a society issuetoo. We need to look at how we can encourage more females to take theresponsibility of management.” Following Hewitt’s announcement standard-bearers like HSBC may findthemselves under increased scrutiny to show that a fair and equitable paysystem can be achieved. It is because of this that those firms who have led theway on equal pay put so much emphasis on the issue of transparency. Along with being fair a pay system has to be seen to be fair by all –employers, employees and the general public. It is because of this that HSBC welcomes the kitemark system that was recentlyannounced by Barbara Roche, and is considering whether to apply for a Castleaward from itself. Aspell says, “It will help to promote the concept ofequal pay audits and allow people to share best practice ideas, which can onlybe good all round.” It also heeds the announcement of Hewitt in many respects. Aspell says:”In essence the announcement by Hewitt and the findings of the Kingsmillreview go in line with the findings of the Equal Pay Taskforce and the EOC’srecommendations on best practice. “These suggest that what we have got to do is move to a position whereif there are differences they have to be explained. And to do this you needtransparent pay systems so that people can understand them.” How HSBC maintains a sensible balanceHSBC benchmarks itself against theEqual Opportunities Commission’s best practice guidelines on equal pay. This involves following an outline for auditing your pay systemalong with a concept of how your pay system should be organised.– Does your organisation have a stated equal pay policy?– Is this communicated to staff through trade unions andinternal organisation? – Does anyone have attributed responsibility?– Have you carried out pay system reviews in accordance to theEOC’s code of practice?– Are jobs evaluated annually?In all cases the bank is able to say ‘yes’, which provides itspay systems with a secure foundation and a high level of accountability. The company runs a pay audit every year to see if it is meetingtargets and to highlight areas that need attention. It shares the results withtrade unions before posting the results of the pay review where everyone cansee them. As one of the world’s largest banking groups, HSBC currentlyhas 135,000 staff in 82 countries. All of these are audited. From there, theinformation is broken up into smaller geographical or strategic business units,a process which involves interrogating some 70,000 pay records. Closing the pay gapOn 1 Apr 2002 in Personnel Today Previous Article Next Articlelast_img read more

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CUNA, partners keep heat on for stronger merchant standards in data breach law

first_img 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Federal data breach legislation must contain strong national data protections and consumer notification standards, combined with effective enforcement provisions, the Credit Union National Association emphasized in a letter submitted for the record of an upcoming hearing.The necessary standards were specified in a letter to members of the U.S. Senate subcommittee on consumer protection, product safety, insurance and data security, which will conduct a hearing on data breach legislation Thursday.CUNA, with several other financial trade organizations, sent the letter to give its perspective on key elements that should be included in any legislative approach to data breaches.The five principles are: Strong national data protection and consumer notification standards with effective enforcement provisions applicable to any party with access to important consumer financial information; continue reading »last_img read more

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This ‘renovators delight’ in the heart of Brisbane will test the most committed DIY weekend warrior

first_imgGrab your paintbrush — 37 York Pde, Spring Hill needs some love.Are you a keen renovator? Then roll up your sleeves because this one could do with a lick of paint.This home at 37 York Pde, Spring Hill has hit the market for the first time in 26 years — but only those with a big imagination, plenty of gumption and a bank of resources need apply.Where’s Scott Cam when you need him?More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor3 hours ago“A rare, fun and fulfilling project for 2017 awaits you,” said the agent’s listing.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:18Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:18 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenCould this be your anti-dream home?02:18 Related videos 02:18Could this be your anti-dream home?00:25Worst real estate images of 201701:34Sydney’s million dollar dumps01:30Renovate or detonate?01:28Shell sells01:17Fitzroy home the definition of a projectThe two-bedroom cottage sits on 304sq m of land positioned just 1.5km from Post Office Square.The view from behind isn’t much better.With a Spring Hill median house price of $1.005 million, this could be the buy-in opportunity of a lifetime for renovators.Those looking for a bit of fixer-upper need to submit their tender by 31st August.Follow Kieran Clair on Twitter at @kieranclairlast_img read more

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July 4, 2018 Police Blotter

first_imgJuly 4, 2018 Police Blotter070418 Decatur County Jail Report070418 Decatur County Fire Report070418 Decatur County Law Report070418 Decatur County EMS Report070418 Batesville Police Blotterlast_img

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Florida woman accused of throwing human feces at landlord

first_imgA Florida woman allegedly threw a bucket of human feces at her landlord.59-year-old Joanne Mercader first told deputies that her landlord first assaulted her with feces, according to an arrest report from the Volusia County Sheriff’s Office.“She took the poop and she rubbed it on my face,” Mercader told the deputy.A deputy’s body camera showed her face covered with dried human waste while showing the landlords face dripping with wet feces.Mercader then changed her story and told deputies she only intended to throw a bucket of water on the landlord.The deputy said Mercader’s story still didn’t add up. Officials arrested her and charged her with batter on a person over the age of 65.last_img read more

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Gov’t Urged to Repeal Death Penalty Law

first_imgAs part of activities marking the 17th anniversary of the World Day against the Death Penalty, Action by Christians for the Abolition of Torture (ACAT-Liberia) and the Rescue Alternatives Liberia (RAL) have called on the Liberian government to repeal the clause within the Penal Code that talks about death penalty.The two human rights organizations reminded the government that the country had acceded to the optional protocol to the International Covenant on Civil and Political Rights (ICCPR); adopted and opened for signature, ratification and accession by UN General Assembly Resolution 2200A (XXI) of December 16, 1966 entry into force March 23,1976 in accordance with Article 49, which calls for the abolition of the death penalty in 2005, and increased the number of crimes punishable by the death penalty in its legislation in 2008.In a release, the organizations recounted the last execution in the country that took place in 2000, but lamented that the death sentences are still handed down by the court. They also expressed dismay that Liberia is the only country in the world to have gone backwards after accession to the United Nations protocol abolishing the death penalty.ACAT-Liberia and RAL in line with their action plans through a press release, further reminded the government of its responsibility to ensure it signed and ratified UNCAT and OPCAT, Operations to the United Nations Convention against Torture (UNCAT) are criminalized, and domesticated within the confines of the Liberian Law.This includes respect for human rights standards; a centerpiece for cooperation related to human rights and torture in particular, as related to the procedural rights of suspects, and accused persons, and provide data on all places of detention, and on all persons in detention in their respective jurisdictions.“Steps should also be taken to ensure that the data reflects detainees’ age, gender, vulnerabilities and other relevant information about socio-demographic and legal statuses,” the two organizations said in a release.The World Day Against the Death Penalty is celebrated on October 10 every year, but the organizations, in collaboration with partners including the World Coalition Against the Death Penalty, FIACAT, Swedish Embassy, Independent National Commission on Human Rights (INCHR), Office of High Commissioner on Human Rights (OHCHR), Liberia National Bar Association (LNBA), and administration of the Louis Arthur Grimes School of Law, will now celebrate the day on October 29, 2019 in Monrovia.The Day is set aside to advocate for the abolition of the death penalty, and to raise awareness of the conditions and the circumstances which affect prisoners with death sentences.The focus of this year’s celebration is, “Children: Unseen Victims of Death Penalty.” Frequently forgotten, children of parents sentenced to death or executed carry a heavy emotional and psychological burden that can amount to the violation of their human rights.This trauma can occur at any, and all stages of the capital punishment of a parent: arrest trial, sentencing, death row stays, execution dates, execution itself, and its aftermath.The repeated cycles of hope and disappointment that can accompany all of these stages can have a long-term impact, occasionally well into adulthood.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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How much could Manchester City miss Kevin De Bruyne?

first_img possible standings REVEALED How Arsenal could line up in Arteta’s first official game in charge – Ozil return? NEW ERA How will Manchester City line-up without De Bruyne?Of course, the Premier League champions have a plethora of talent at their disposal so there will be someone to slot in should De Bruyne’s injury lead to a lengthy absence.However, it’s very unlikely the replacement will be quite as good as De Bruyne.The Belgian made 21 assists and also notched up 12 goals in what was a breathtaking 2017/18 campaign for both player and club.But just how much could City miss De Bruyne? Below you can see the best stats showing how the Citizens have performed when the midfielder has and hasn’t started for the club since he made his debut in September 2015.*Statistics supplied by The SunInitially, it seems City’s stats are not too badly affected by De Bruyne’s absence from the starting XI.The win rate is marginally better when he starts but the defeats stats are the most telling. City have lost 7 in 20 when De Bruyne hasn’t started while only losing 11 in 91 when he has been in the starting XI.In 2016, De Bruyne missed 12 games after injuring his right knee in an EFL Cup semi-final tie against Everton in a season which nearly saw City slip out of the top four.Manager Pep Guardiola will certainly be hoping nothing like that will happen this season. ALTERED Latest Premier League News After a smooth opening weekend victory over Arsenal, Manchester City have been hit with their first stumbling block of the 2018/19 Premier League season.Kevin De Bruyne’s knee injury could leave City’s star player sidelined for a months, although the extent of his injury is not yet known. Tottenham predicted XI to face Brighton with Mourinho expected to make big changes smart causal Tottenham v Brighton LIVE: talkSPORT commentary and team news for Boxing Day opener gameday Every current Premier League club’s best kit from the past decade De Bruyne finished second in the PFA Player of the Year awards last season 2 silverware How the Premier League table could change after the Boxing Day fixtures Which teams do the best on Boxing Day in the Premier League era? England’s most successful clubs of the past decade, according to trophies won REVEALED Where Ancelotti ranks with every Premier League boss for trophies wonlast_img read more

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Warriors-Knicks cheatsheet: Might Steph have another 50-plus explosion in him?

first_imgCan the lowly 1-4 Knicks beat the 4-1 Warriors at the Garden? Find out everything you need to know about tonight’s matchup right here.When/Where: 4:30 p.m. (NBCSBA) @ Madison Square GardenProjected Knicks starters: Lance Thomas, Enes Kanter, Trey Burke, Frank Ntilikina, Tim Hardaway Jr. How the Knicks are doing: New York comes into this matchup reeling after losing four straight games. While the summer addition of coach David Fizdale has brought excitement to the Garden, the …last_img read more

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The Poverty of Words

first_img Get the Free eBook! Learn how to sell without a sales manager. Download my free eBook! You need to make sales. You need help now. We’ve got you covered. This eBook will help you Seize Your Sales Destiny, with or without a manager. Download Now Some salespeople send emails that, were they to be printed on paper, are three to four pages long. Other salespeople send long emails with bullet points and links in an attempt to pitch a meeting, even though they offer no trade equal or greater to the time they request. Still others, believing that they can win a deal or an appointment through the written word alone, provide a battery of PDF documents, as if they believe their prospective client is an insomniac and their collateral the cure.Words on a screen are not the same as words spoken. A conversation is a very different interaction than what one would write, and in complex human interactions, conversation is the written word’s superior. In email, your words are present, but you are not. The information is there, but the intention is not. Your voice isn’t being heard, and what’s missing may have more of an impact than what you wrote.Email doesn’t allow for body language, like a smile, or leaning forward or back. Email doesn’t allow for the visual cues that tell you that what you are saying is resonating with your dream client—or not, as the case my be. When a conversation is important, the best medium is almost always face-to-face (and I am only hedging here because there are exceptions to every rule, even when one doesn’t come immediately to mind).Email doesn’t allow for tone, or pregnant pauses, or long uncomfortable pauses. Email doesn’t allow your dream client to see you watching them speak, taking notes about what’s important to them, and following up with questions to gain a better understanding or clear up a misconception. Even the poor phone, the salesperson’s best friend, has taken a beating over the last decade at the hands of those who believe that the transformation of sales is from outbound to inbound. The truth is that a conversation with audio is better than an exchange of countless emails that don’t come close to the outcome a phone conversation would have delivered.We sometimes expect too much of a medium, asking more of it than it is capable of returning to us. The poverty of words is that they miss so much that is being said without being said.last_img read more

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10 months agoKante: Chelsea matchwinner all about Luiz

first_imgKante: Chelsea matchwinner all about Luizby Paul Vegas10 months agoSend to a friendShare the loveChelsea midfielder N’Golo Kante says his matchwinner at Crystal Palace came straight off the training pitch.Kante combined with David Luiz to fire home the only goal of the game in the 51st minute at Selhurst Park.He told Sky Sports: “It is a move I have tried in training.“It doesn’t work many times but David gave me a good ball and I am happy to score with my left foot and help the team win.”It was all about the pass.”Chelsea were made to work hard for all three points – and Luiz admitted it was a slog trying to break down the home side.“It is never easy to play here or control it here especially when they play long balls but we did well,” he said.“We could have scored early but they also did a great match defensively which is why it was so difficult.” About the authorPaul VegasShare the loveHave your saylast_img read more

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