Susan Schroeder

speaker

52 appearances 1 recordings 1 series first heard Jul 2021 last heard Jul 2021

Susan Schroeder’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Should Your Pay Be Based on Where You Work? · 7 Jul 2021 podcast

I thought that was sort of interesting because they're like, well, the remote workers are getting their cake and eating it too on this, you know, whole commute thing.

And then we also have clients that are trying to figure out this by doing these crazy permutations and algorithms to try to calculate this.

So, you know, I don't know that there's really a right answer at this point, unfortunately.

Well, I think there's a number of things.

I agree with what Peter just said, is that some of these employees are just not going to tolerate the big discounts in pay.

And the labor market is very tight now.

And we see that actually across all levels of positions.

And so they'll just go to another employer, right?

But also, I think that the topic that's been sweeping the country for the last several years is this gender pay equity.

And we've seen that this pandemic has really affected women more so than men, especially with when the schools closed and so on.

what to do with the child care.

And it's still a bit uncertain for the fall, what's going to happen with schools.

And women have left the workforce.

And hopefully, we'll be able to come back.

But I think that this whole topic is a slipperly slope that we don't want to get into with any gender pay issues.

And so I think that it's going to be incumbent upon managers

and then the HR people to really oversee the fairness and the calibration of the pay at the end of the day to make sure that women are not being treated unfairly if they choose the remote work.

We've seen that even with our own consulting firm where we have this wellness benefit, which is actually free benefits.

money to the employees.

It's a $250 each month, and they can use that however they want for a gym membership, for their paying off their Peloton bike, for massage, for whatever, just to help with their overall wellness as they're working at home, or even if they are in the office.

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