Decoding Pay Equity with Maiya Holliday

Success in business is a complex recipe, unique to each company and influenced by various factors. Similarly, the path to fair compensation isn’t a one-size-fits-all equation. While numerous websites provide data on what constitutes a fair living wage, they often fail to consider an individual’s specific needs and circumstances. The question of what truly defines a living wage demands a deep dive into the data.

Our journey into the Living Wage Movement continues as we explore the concept of pay equity. In the second episode of this series, we sit down with Maiya Holliday to understand her innovative approach to ensuring a living wage through pay equity. Unlike a rigid, standardized pay system, Mangrove carefully considers several factors related to each employee’s unique needs and situation.

Discover how, as an employer, you can use the principles of pay equity to ensure that every member of your team receives compensation that empowers them, regardless of their location.

3 reasons why you should listen to the full episode: 

  • Discover how to balance impact, success, sustainability, and a fair living wage within your company through the lens of pay equity.
  • Learn  from the insightful questions that Maiya had to explore and ask when addressing fair compensation in an impact-driven business.
  • Don’t settle for the minimum — find out how your company can ensure a high quality of life for its people while maintaining excellent levels of success.

Episode Highlights

  • [03:17] Maiya’s Journey from Self-Taught Coding to Mangrove
  • [11:44] How Mangrove Fits in the B Corp Framework
  • [15:03] Defining Pay Equity
  • [24:05] How Mangrove Created Pay Equity
  • [38:54] Answering the Question of Fair Pay
  • [44:29]Steps to Building a Sustainable Impact Business

Resources

Enjoyed This Podcast?

Write a review and share this with your friends.

Connect With the Profit Reimagined

Ready to transform your purpose into an impactful business financial story, profit, and joy? Schedule a chat with the team.

LinkedIn
Facebook
Twitter

Keep Learning

Ready to subscribe and make some impact?

We donate to teaching financial literacy to family, educating women to have their own business or supporting girls to advance!

Profit Reimagined™ Inc. Fractional CFO Services in the US and Canada.

FREE ebook

What’s Your Endgame?

The step-by-step guide to strategically exiting the business on your own terms.

We hate spam, expect only impactful content in your inbox!

Business Exit strategy - Endgame eBook

I want to be featured on

Welcome to Her CEO Journey™! We’re on a mission to highlight remarkable women who are trailblazing their way through the business world. We’re truly honored that you’re considering us as a platform to feature your inspiring journey!

If you’re excited about sharing your experiences – the hurdles you’ve overcome, the triumphs you’ve achieved, and the wisdom you’ve gained along the way – we invite you to fill out the form below.

 

Rest assured, we’ll reach out to you if we find a fitting match for our upcoming series. Your story matters, and we can’t wait to hear it!