How We’re Missing The Point With The Gender Pay Gap | Alex Imas PhD
If you compare executive pay of men and women in C suite jobs, you will often not find a discrepancy in their wages. You will also be completely missing the point. The gender pay gap exists because it is more difficult for women to reach executive level success. Throughout their career progression, but particularly early on, women face more discrimination than men, and so fewer women are ultimately promoted to the highest level of an organization.
Gender discrimination is one of the recent topics covered by Alex Imas PhD, in his research. Alex is a behavioral economist with a focus on dynamic decision-making. His research explores topics related to choice under uncertainty, discrimination, mental representation, and how people learn from information.
Most recently, Alex has been the recipient of the 2023 Alfred P. Sloan Research Fellowship which seeks to stimulate fundamental research by early-career scientists and scholars of outstanding promise.
Alex’s work on discrimination in the workplace sheds vital light on the cause of the problem which isn’t just found within the hiring process. But before Kurt and Tim discuss this topic with Alex, the conversation kicks off with the fascinating findings that have fed off Robert Cialdini’s founding work – that scarcity drives consumer demand.
It was back in episode 71, that Alex was originally a guest on Behavioral Grooves. And Tim was more than happy to rekindle the initial musical discussion around Tom Waits and Bob Dylan. But Alex also delights us with how the pandemic altered his listening behavior and opened him up to some new favorite bands.
(4:59) Welcome and speed round questions.
(7:!8) How exclusivity can drive demand.
(14:56) Access desire is the key to driving demand.
(16:50) What are Alex’s plans with being awarded the Sloan Fellowship?
(21:41) Integrating behavioral science into the workplace.
(26:17) The latest research on gender discrimination in the workplace.
(32:11) Why looking at salaries for men and women doing the same job is not enough.
(36:20) How algorithms can exacerbate and scale biases.
(40:20) How Tom Waits’ music has inspired Alex to explore new areas of creativity.
(47:38) Grooving Session with Kurt and Tim on discrimination.
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Episode 71, Alex Imas: Clawback Incentives and Tom Waits
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