The 5 steps to close a pay gap are –
- Define what success looks like i.e. where you want to be in the future.
- Measure where you are today.
- Analyse your data to understand why you are where you are today & what the key drivers are of your gaps
- Identify & implement actions that will move you from today to where you want to be.
- Continuously monitor key drivers to ensure you are on the right track
All steps require the use of statistical thinking and statistical methods. Of course, other skills and processes are also needed but they cannot succeed on their own without the help of statistics