Pay parity is one of those things that sound really, really amazing and attractive. It feels like so many challenges female physicians face could be solved if everyone just earned the same, right?
Well, oftentimes pay parity can create its own set of imbalances that breed discontent, frustration, and being underpaid for your expertise. If mis-aligned or incorrectly implemented, pay parity can become another way people aren’t paid what they’re worth.
Can pay parity be a good thing? How do we approach negotiations in an organization that pays on parity? How do we avoid contracts we’ll end up resenting and regretting?
In today’s episode, I’m going to talk about a topic that really needs attention - pay parity and how to navigate it.
Three Things You’ll Learn In This Episode