This week we talk the Gender pay Gap which widened to 13.8% in 2024 from 13.2% the previous year. Even if you run your own business this is an important subject you need to know about because we can all take action today to make change.

What to expect and what you'll learn:

• Understanding the current state of the gender pay gap - the latest statistics on how it has widened
• Clarity on what the gender pay gap is (and what it isn't) to dispel common misconceptions
• Exploration of the far-reaching impacts of the gender pay gap on women's financial security, career advancement, and overall wellbeing
• Practical, actionable steps listeners can take to advocate for yourselfself and push for pay equity

Timestamps

[0:00 - 3:28] The speaker introduces the importance of understanding the gender pay gap, even for entrepreneurs and non-employees.

[3:28 - 9:55] The speaker defines the gender pay gap, differentiates it from unequal pay, and explains the structural issues contributing to the problem.

[9:55 - 18:22] The speaker discusses the regional and societal impacts of the widening gender pay gap, including its effects on financial independence, pensions, and mental health.

[18:22 - 26:23] The speaker provides practical steps for listeners to advocate for fair pay, including researching industry standards and preparing a strong business case.

[26:23 - 30:00] The speaker outlines the responsibilities of companies in closing the gender pay gap and encourages listeners to share knowledge and support others affected by this issue.