PharmaLogics Recruiting - Achievement in Equal Pay
Company: PharmaLogics Recruiting
Company Description: In business for over ten years, PharmaLogics Recruiting is the first company to offer innovative hiring solutions to the life science industry. We do so by becoming our client's partner in hiring focusing on delivering top talent, decreasing time to fill, and reducing placement cost per hire.
Nomination Category: Achievement Categories
Nomination Sub Category: Achievement in Equal Pay
Nomination Title: PharmaLogics Believes the Path to Pay Equality will be Accelerated by Pay Transparency
Describe for the judges the activities related to the realization of equal pay of the nominated organization since the beginning of July last year (up to 525 words):
There is no gender pay gap at PharmaLogics Recruiting, a life science recruiting firm based just outside of Boston, Massachusetts. In business for over fifteen years, the company was founded by CEO Megan Driscoll back in 2003. 61% of the PharmaLogics workforce and 66% of the company’s upper management is female. In 2016, Megan Driscoll made headlines after meeting Dan Price the Seattle-based $70k CEO and raising the starting pay of PharmaLogics employees from $37,500 to $50,000 nearly overnight. Since that time, she has begun to speak publicly about the benefits of wage transparency, a concept which she believes will accelerate the closing of the gender wage gap.
PharmaLogics is a company focused on placing top talent at life science organizations around the world. In order to do so, we feel strongly that we must provide our employees with a fair and equal workplace. One of the ways we do this is by making the pay of PharmaLogics employees transparent. PharmaLogics has published salary levels for 90% of the staff, the exception being for new administrative and HR groups where leveling is just beginning to take shape. Employees can feel confident there are no pay inequalities within our organization and that they are paid equal pay for equivalent work, regardless of gender. In addition to providing this environment internally, we feel it is our responsibility to utilize our platform within our industry to also promote broader societal change.
On July 1st, Massachusetts joined several cities and states in adopting an Equal Pay Law, created with the intent to close the gender pay gap. Companies in Massachusetts can no longer ask candidates about current or historical salary information. While this law only applies to our Massachusetts clients, PharmaLogics has decided to adhere to these guidelines for all of our clients, as we feel this is a crucial step to helping create equivalent pay within organizations. However, this law only affects applicants to jobs - a very small portion of the workforce - and does nothing for employees currently sitting in seats. Megan Driscoll and PharmaLogics are working to change that.
Megan and her marketing team worked to create a resource website to address pay inequality, www.wagetransparency.org . The website provides advice to employers and employees about how to approach wage transparency conversations, as well as a resource section with literature regarding the benefits of diversity and equality in the workplace. Megan is working to promote these ideas through an Op Ed in a local newspaper and she has recently been featured in a Boston Globe article about the Equal Pay law. Megan has gained the attention of local legislators and is beginning to work with them to propose new laws surrounding transparent pay in our state. By doing so, we hope to continue to advance the Equal Pay agenda and make strides toward pay equality.
Provide a brief biography of the person or persons who lead the nominated organization (up to 125 words):
Megan Driscoll is the dynamic Founder and CEO of PharmaLogics Recruiting, a global human capital organization established in 2003 with a staff of over 90 employees and international headquarters in both Quincy, Massachusetts and Basel, Switzerland. In addition to innovating the recruiting industry with her unique hourly model, Megan is a staunch advocate for gender equality. Motivated by the utter lack of females in leadership roles in both the public and private sector, she launched the social media campaign, #doit4yourdaughters at www.doit4yourdaughters.org . Megan resides in a seaside town in Massachusetts with her husband of 17 years and their two children, Madeline and Bailey.