Konstantinos Karavidas

Speaker

Konstantinos Karavidas

Group Total Rewards Manager, IKEA

Economist by education, with Master studies on International Business and Management, I have been working with Human Resources since the beginning of my professional career. In my rotations in various HR positions within the A.P. Møller-Mærsk Group, Danske Bank, Novo Nordisk, Chr Hansen and currently the Ingka Group/IKEA, I had the opportunity to be exposed to all aspects of HR activities; from the creation and implementation of HR strategies and OD initiatives to partnering with the business, executing operational HR activities, and everything else in between. My current focus is to further develop the Total Rewards framework of Ingka Group/IKEA to better suit the needs of the many, with a distinct focus on the co-worker experience.

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Session

Pay Transparency — Building Trust, Equity and Fairness

Case Study

Monday, September 29

11:15 am - 11:45 am

Live in Copenhagen

Less Details

Pay transparency is rapidly becoming a compliance requirement, but it should be seen as much more than just a legal obligation. This presentation explores how transparency can be a powerful tool for building a culture of trust, fairness, and equity in the workplace. We will discuss the benefits, including increased employee morale, reduced wage gaps, and improved retention, while also addressing challenges and legal considerations. The presentation will debate how to move beyond compliance and leverage pay transparency as a strategy for long-term organisational success. In this session you will learn

Why transparency matters beyond compliance
How pay transparency can improve trust, employee engagement, and organizational performance
How to equip managers with the right skills and communication strategies to discuss pay decisions confidently and effectively
How to balance global pay transparency with localized reward policies to ensure fairness across different regions

Presentation

Company

IKEA

https://www.ikea.com/

Driven by the IKEA vision to create a better everyday life for the many people, Ingka Group brings the IKEA brand to millions of homes. The Group consists of three business areas; IKEA Retail, which consists of 400+ IKEA customer meeting points across 31 markets, welcoming 657 million visitors and more than 3.8 billion visits to IKEA.com, Ingka Centres, which operates 35 experience-oriented meeting places across Europe and China, anchored by an IKEA store, and Ingka Investments, which allows us to grow our IKEA Retail business, by partnering with companies that share our values. Since being founded by Ingvar Kamprad, we've been united by our culture, values and entrepreneurial spirit. And as we grow, we make it easier than ever before for the many people to afford a better life at home.

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