Closing the Wage Gap with Edgility Consulting’s Allison Wyatt episode artwork

EPISODE · Apr 25, 2024 · 30 MIN

Closing the Wage Gap with Edgility Consulting’s Allison Wyatt

from Mission Forward with Carrie Fox · host TruStory FM

This episode is brought to you by Edgility Consulting.This week, Carrie Fox sits down with Allison Wyatt, co-founder of Edgility Consulting, to discuss the persistent wage gaps that plague our society and the bold steps required to build intentional equity in the workplace.Wyatt, whose childhood straddling two vastly different economic realities inspired her passion for social justice, shares how her firm disrupts the status quo of compensation practices by engaging entire organizations in the design process, pushing for radical transparency, and looking beyond imperfect market data. Edgility Consulting is helping clients close wage gaps and put upward pressure on salaries for undervalued roles disproportionately held by marginalized groups.However, as Wyatt notes, achieving pay equity is just one piece of the puzzle in an inherently inequitable society. Biases, stereotypes, and inflexible work cultures continue to impede advancement opportunities, especially for women. Truly sustaining progress, she argues, requires tackling these systemic barriers head-on.For organizations planning to hire this year, Wyatt offers specific recruiting advice: do your research to ensure fair offers, consider your existing staff to maintain internal equity, and, above all, strive for clarity and consistency in your compensation philosophy.Our hope, when you’re finished listening this week, is that you’re questioning long-held assumptions about "the way things are done," inspired to reimagine a more equitable future—one organization at a time. Join us for an unflinching look at the challenges we face and the potential for transformative change.Our great thanks to Allison Wyatt for joining us for this conversation. This episode is sponsored by Edgility Consulting. Learn more about their incredible work in compensation planning and beyond at EdgilityConsulting.com. Links & NotesLearn more about Edgility ConsultingAllison is the Founding Partner and head of Edgility’s compensation practiceSuccession Planning with Edgility Consulting's Christina Greenberg (00:00) - Welcome to Mission Forward (01:07) - Introducing Allison Wyatt (02:20) - Allison's Story (07:14) - Closing the Wage Gap (16:08) - Diversity and Equal Pay (18:30) - Where do we start? (21:42) - What does change look like? (24:39) - What if? (29:16) - Sponsor: Edgility Consulting • EdgilityConsulting.com Today's show is brought to you by Edgility Consulting, your compass for building equitable organizations where all staff thrive. Their talent management experts empower you to break free from traditional hiring, compensation, and talent management norms that often perpetuate inequality and prevent you from hiring and retaining great staff.Put your values to work, act on equity, visit Edgility Consulting and talk to a consultant about upgrading your talent systems to attract and retain top talent and ensure equity at your organization today.

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