Thought Leadership Series: The Impact of the Gender Pay Gap

The COVID-19 pandemic and resulting lockdowns have aggravated women’s plight both economically and socially. The latest unemployment statistics indicate that the factors affecting women’s pay are institutional, systemic, and intersectional. According to the data, women are disproportionally enduring the brunt of job losses, inequalities both in the workplace and society, and moreover are also faced with the ongoing scourge of gender-based violence in South Africa.

Given our current context of continued discrimination and exclusion, the National Business Initiative (NBI) recognises that addressing gender inequality is a critical lever for change. Our aim is to build and enhance representative and diverse workforces, supported by inclusive organisational cultures, which unlock innovation and efficiencies to improve business’ performance and understanding of its role in growing and sustaining our economy.

The NBI invites you to a Thought Leadership Series: The Impact of the Gender Pay Gap on Wednesday, 31 August 2022. The discussion will focus on a contextual analysis exploring the workplace, societal and economic impacts of the Gender Pay Gap. Building off the NBI’s Gender Pay Gap Pilot study, we intend to contribute to the growing work on pay disparity. Focusing on closing the pay gap in the workplace is essential for the transformation agenda of workplaces across the private sector and the public at large.

The discussion aims to explore:

• The private sector’s role in accelerating support and best practice for improved organisation and employee performance and sustainable business practices.
• The role of business in collaborative and cooperative efforts to ensure robust approaches in steering winning methodologies.
• Developing an intersectional approach that explores the need for gender-equality to be outcome-based and the broader socio-economic       impacts of addressing pay disparity.
• How leaderships across sectors can explore the importance of gender diversity, and the advancement of women in the workplace and why it is pivotal for organisations to grow, succeed and be sustainable in challenging economic circumstances.

Companies have a responsibility to commit to transformation that disrupts patterns which reinforce and perpetuate the gender pay gap by stimulating pay equity, and to contribute towards closing the gender pay gap.

Join us for this important Thought Leadership Series as we engage with industry experts around transformation issues and find out how the private sector can support the implementation of transformation approaches within their companies.

Please click here to register for this Zoom event.