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Daniel Dean
Product Marketing Manager
BambooHR
Sonnet Lauberth
Compensation Professional
PayScale
Functional Fixedness
A New Perspective
Mitigating
Risk
Diversified Investment
Diversified Investment
Defining
the Issues
Why Are We Talking about
Diversity?
Who needs to hear about diversity in 2016?
Haven’t we “been there/done that” already?
Defining the Issues
Diversity presents challenges.
Bias is human.
Bias can be FOR or AGAINST.
Diversity should be handled with intention.
What Do We Mean By
“Diversity”?
It’s a wide range of differences.
The Workforce Is Becoming
Larger and More Diverse
Source: http://www.amren.com/news/2015/03/official-census-bureau-projection-for-2060/
… our customers certainly are.
But even if the workforce
isn’t becoming more diverse
Bias and Workplace “Currency”
Types of workplace currency
• Cash
• Work assignments
• Development opportunities
• Promotions
• Perks (e.g., working from home)
• Favor
Currency greases all the workplace wheels
Diversity &
Experience
Diversity of Experience
TIME
Diversity of Experience
TIME TENURE
Diversity of Experience
TIME INDUSTRYTENURE
Diversity and
Compensation
Ensuring Fair Pay
Develop Your Plan
➤ Philosophy
➤ Strategy
➤ Structure
➤ Guidelines/Policies
➤ Processes
Identifying and Resolving Inequities
Equity Pay Self Audits –
Pros and Cons
Manager
Favoritism
A Note on Negotiation
Studies show a difference in negotiating skills by gender.
Diversity &
Opinion
Empathy
CommunicationSensitivity
Courage
Diplomacy
EmpathyDiscussion
Decision Paralysis
Diversity Beyond
Compensation
Diversity vs. Inclusion
Employee Relations
Develop clear antidiscrimination policies to mitigate
employee relations issues before they arise.
Training and Development
of employers plan to use L&D programs to retain
and recruit their employees.
Immediate Actions
 Examine your workforce – who works at your
organization? What types of diversity do you already
celebrate? Where is there room for improvement?
 Assess your managers’ skillsets – do they have the
capacity to effectively create an inclusive environment?
 Review your comp plan – is it set up in a way to minimize
or eliminate discrimination concerns?
 Explore the forms of workplace “currency” in place at your
organization – are they set up for success?
Diversity &
Skill
Hard Skills
Skills that are learned to
perform a specific job function
and are more easily identifiable
and quantifiable.
Mostly about “what you know”
VS
Soft Skills
Skills that are less tangible, and
more associated with one’s
traits or personality, that
determine how we interact.
Mostly about “how you act”.
18th Century 19th Century 20th Century 21st Century
Agricultural Age
(farmers)
Industrial Age
(factory workers)
Information Age
(knowledge workers)
Conceptual Age
(creators and empathizers)
Affluence
Technology
Globalization
High
Low
Abundance
Automation
Asia
Dan Pink
A Whole New Mind
Soft Skills
Hard Skills
Soft Skills
Soft Skills
Follow BambooHR and PayScale on social media:
bamboohr.com/blog | payscale.com
Thank you!
Questions?
BambooHR
Receive a free job posting on our ATS and full HRIS for one week.
We will contact everyone within the next few days to set this up.
Download our free 2016 Compensation Best Practices Report at
http://www.payscale.com/cbpr
PayScale

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