Negotiation Skills and Strategies to Minimize Gender Pay Gap in Tesco
Verified
Added on 2023/06/09
|10
|613
|172
AI Summary
This presentation discusses the negotiation skills and strategies to minimize gender pay gap in Tesco. It covers the reasons for gender pay gap, challenges in negotiation, leadership approach, ethics in negotiation, and more.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Presentation
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Content Introduction Negotiation of Tesco with gender pay gap Reason for gender pay gap Negotiation skills in gender pay gap Negotiation theory and strategies Challenges In Negotiation Gender pay gap Leadership Approach Ethics in Negotiation Conclusion References
Introduction Gender pay gap may be refereed as the average compensation earned by men and women who are working. It can be seen acrosstheworldanditisimportantto provide equality as to minimise difference. ThispresentationisbasedonTesco,a multinationalsupermarketgrocerystore, headquartered in Welwyn Garden City, UK.
Negotiation of Tesco with gender pay gap There can be seen gender pay gap in excess of 10% with average difference in terms of hourly pay in all business and it has been analysed that women are earning 86.4p for every $1. Reason for gender pay gap •Hold higher position •Women choose low paid roles •Discriminatory practices •Career choices and family responsibility
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Negotiation skills in gender pay gap Many women have felt a sense of frustration while negotiatingsalaryastheywanttonegotiate aggressively but they have fear that they will be penalised or may be perceived unlikeable. According to Hannah Riley Bowles, he believes that women who negotiate for higher salaries are less nice as compared to women who do not demand for high compensation.
Negotiation theory and strategies Various Negotiation experts offered different salary negotiation strategies which helps in reducing gender pay gap. There are various strategies that women can opt in order to get fair salary negotiation. Negotiation theory and strategies •Lack of information •Closed Mind •Poor communication •Overthinking
Gender pay gap As per the gender pay reports of Tesco, it has been analysed that there can be seen a gap in hourly pay gap from 9.7 to 8.8% as it indicates that company is taking initiatives to eliminate this issue.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Leadership Approach The leadership approach opted by company is authoritative as employees are not allowed to take part in decision making and women are not allowed to raise question and cannot negotiate salary. This makes them frustrated and bound them to perform low earning job roles in Tesco. Ethics in Negotiation •Ethics helps in creating a way of doing what is right, honest and fair. It is important to understood ethics for women while negotiating for pay gaps.
Conclusion From the above presentation, it was concluded that its is needed to take effective measures to minimise gender pay gaps as modern generation women are equally talented and expert. So they are to be provided opportunities so that gender pay gap can be eliminated.
References Beyer, S., 2018. Low awareness of occupational segregation and the gender pay gap: No changes over a 16-year span.Current Psychology. 37(1). pp.373-389. Bishu, S.G. and Alkadry, M.G., 2017. A systematic review of the gender pay gap and factors that predict it.Administration & Society. 49(1). pp.65-104. Lips, H. M., 2018. Feminism, psychology, and the gender pay gap. Whitehouse, G. and Smith, M., 2020. Equal pay for work of equal value, wage-setting and the gender pay gap.Journal of Industrial Relations. 62(4). pp.519-532.