Situated at the intersection of commerce, academia, and politics, the Fair Pay Innovation Lab (FPI) addresses all kinds of questions surrounding fair pay. We at the FPI support companies and organizations in the practical implementation of pay equity, carving out space for dialogue on how to prepare for and adapt to shifts in the labour market.
The FPI engages with major corporations, SMEs, and micro-businesses alike, as a way of collecting experiential evidence concerning fair pay, transparent salary schemes, and/or participatory management. We are interested in hearing not only positive anecdotes of corporate practices, but less successful attempts as well. All relevant information is then compiled in a database, which we then share with stakeholders in the labor market. We aim to circulate as much pertinent knowledge as possible, to encourage collaborative innovation, and to learn from our and others’ mistakes.
One way of engaging with stakeholders is through honest discussion, which can be hard to come by. At our Fair Pay Management Circles, experts and decision-makers from commerce, academia and politics are able to speak frankly and therefore fruitfully about issues, challenges, and solutions in the quest for fair pay. These are private events that are held on neutral ground, thereby fostering a richer exchange than would normally be the case in a public setting.
Universities also receive visits from the FPI. On campuses around Germany, we hold workshops and seminars on fair pay for students and young professionals. The FPI also acts as a point of contact for employees and companies regarding rights and obligations with regard to wage transparency and the German Wage Transparency Act.
The Fair Pay Innovation Lab annually hosts the Fair Pay Global Forum as a side event during the Commission on the Status of Women in New York and addresses how to translate fair pay into practice. The Fair Pay Global Forum gather representatives from companies, trade unions, NGOs, governments, and international organizations to exchange ideas and hands-on strategies on how to achieve fair pay for all.
IN WHAT WAY IS EPIC RELEVANT TO FPI?
The FPI is honored to be a member of such a dynamic and ambitious coalition of organizations and states. As the sharing of knowledge and best practices is the foundation of our work, we deeply value the opportunity to mutually broaden our international networks. This will enable us to continue to provide more comprehensive and detailed advice to policymakers, companies, and other actors connected to the labor market. We are firmly convinced that a collective approach will lead to the achievement of fair pay for all.