Unveiling the Power of Pay Transparency
Listen to the episode. Access the full transcript. Here is a summary of our conversation:
Chapter 1: Introduction to Sally Loftis and the Topic of Trust (Timestamp: 00:17-02:03)
· Stacey Baird introduces Sally Loftis as an expert in learning expansion and expresses excitement to discuss trust.
· Stacey asks Sally to share her background and current work related to trust.
Chapter 2: Building Trust in Organizations (Timestamp: 02:35-06:29)
· Stacey asks Sally about the critical steps organizations should take to build trust.
· Sally discusses building trust through authenticity and vulnerability.
· Stacey brings up the challenge of creating transparency, specifically in the context of pay equity.
· Sally explains the importance of opening up conversations and helping employees understand how pay is structured in the organization.
Chapter 3: Approaching Challenges in Building Trust (Timestamp: 06:29-09:50)
· Stacey asks Sally for advice on approaching challenges in building trust, using a use case scenario.
· Sally suggests having open conversations and making initial adjustments to address pay discrepancies.
Chapter 4: Evolution of Trust in Culture (Timestamp: 09:50-14:29)
· Stacey asks Sally about the evolution of trust in culture and how things have changed.
· Sally discusses the shift towards greater transparency and the potential for permanent shifts in trust.
· Stacey asks for Sally's views on the future of trust.
Chapter 5: Trust in Global and Multicultural Settings (Timestamp: 15:10-16:21)
· Stacey and Sally discuss the impact of globalization on trust.
· Sally mentions the importance of trust in multi-country or multistate projects and the need to cascade trust throughout teams.
Chapter 6: Models for Understanding Trust (Timestamp: 16:21-17:41)
· Stacey asks Sally about models or frameworks for understanding trust.
· Sally mentions the thin book of trust model and appreciative inquiry as approaches she uses.
Chapter 7: Moving towards a People-Positive Approach (Timestamp: 17:41-20:46)
· Stacey and Sally discuss the importance of a people-positive approach and how to start implementing it.
· Sally emphasizes the need for self-work and understanding the perspective of others.
· Stacey shares her own experience of advocating for authenticity.
Chapter 8: Cultivating Care and Concern (Timestamp: 20:46-25:27)
· Stacey asks Sally about the steps to demonstrate care and concern for employees.
· Sally suggests expressing intentions and finding ways to gather employee feedback.
· Sally emphasizes the importance of using power and influence to build trust.
Chapter 9: Navigating Change and Embracing AI (Timestamp: 25:27-30:22)
· Stacey and Sally discuss the importance of helping employees navigate change.
· Sally mentions the use of change management curriculums and outsourcing certain aspects.
· Sally encourages embracing AI and its potential impact on organizations.
Chapter 10: Closing Remarks and Appreciation (Timestamp: 30:41-31:32)
· Stacey thanks Sally for sharing her insights and highlights the alignment of their values.
· Stacey expresses gratitude to the audience and encourages a focus on more human and loving approaches.
· Stacey announces the show notes will include Sally's contact information for further assistance.
· Stacey concludes the episode and previews the next one.