#ATP22: Equitable Compensation 101

Jonathan Hutchinson Updated: March 8, 2024

Focusing on closing Canada’s gender power and pay gap, Heather Odendaal (Co Founder & CEO @WNorth) will discuss realities, challenges, and key observations of achieving equity in the business and on your team, with her community-building lens to solve insufficient support structures for women in North America.

To create a more transparent work culture: add transparency to the recruitment process from interview 1 with pay transparency, implement a wage matrix, and create a competency matrix.

Key takeaways from the session:

#shareyourleave: on your careers page, or during the interview process, highlight the unique Paid Time Off (PTO) that your organization offers. Before somebody even applies, they have a sense of non-salary benefits they will gain.
Transparency (about salary, benefits, leave, and more) is one way to address society’s wage and power gap problems – and likely one of the fastest.
Equitable compensation is key to diversity, equity, and inclusion efforts at any organization

About All Things People:

All Things People is Venture for Canada’s annual conference. The 2023 conference took place on April 4, 2023, at Toronto Metropolitan University, with the theme of unlocking the potential of multigenerational teams.

All Things People 2023 aimed to break down generational stereotypes and provide actionable insights or tools to managers and leaders through workshops, keynotes and stage talks. The conference featured 40+ industry speakers and experts, like Hamza Khan, Future of Work expert and author of Leadership, Reinvented, and Jenn Harper, Founder and CEO of Cheekbone Beauty.

The first All Things People was hosted virtually in March 2022, and had nearly 300 attendees. Focused on implementing diversity, equity and inclusion best practices at startups, over 40 speakers hosted workshops, keynotes and networking sessions.

To learn more, visit our All Things People website.

About Venture for Canada:

Venture for Canada is a national charity focused on accelerating the careers of Canadian youth through immersive opportunities at innovative startups and small businesses. Through our three core programs—Intrapreneurship, Internship, and Fellowship—young Canadians gain the skills, experience, and networks they need to lead more entrepreneurial and impactful careers. In 2022, Venture for Canada supported over 1,000 startups and small businesses across Canada to hire entrepreneurial young Canadians.

To learn more, read our 2022 Impact Report.