कोशिश गोल्ड - मुक्त

From equality to equity: Redefining fairness for a performance-driven Sri Lanka

Daily FT

|

March 28, 2025

EQUITY is about ensuring fairness by recognising and addressing the individual needs, challenges, and circumstances of each person, while equality treats everyone the same. In Sri Lanka’s evolving landscape, equity—not just equality—has become crucial for building performance-driven organisations by focusing on equitable pay, gender equity, career progression, and work-place inclusivity, businesses can unlock their full potential while navigating the challenges of equity-based policies.

- By C. Hewpattini

From equality to equity: Redefining fairness for a performance-driven Sri Lanka

Equality: A necessity but limited starting point

Equality ensures fairness by providing equal opportunities, such as equal pay for equal work, and protects against discrimination. However, it can fall short of fostering growth. Treating everyone the same may not address individual needs or encourage high performance.

As Jim Collins aptly put it, “Good is the enemy of great.” While equality is important for fairness, equity inspires growth and progress.

Equity: Unlocking individual potential

Equity goes beyond treating everyone the same. It tailors resources, opportunities, and rewards to meet individuals’ unique needs. For example, while twin daughters may have received identical gifts as children to avoid jealousy, as they grew, their mother provided them with tailored support based on their talents—supplies for one, a chemistry set for the other. Similarly, workplaces must nurture employees’ distinct strengths and challenges.

Equitable pay: A key pillar of equity

Equitable pay involves ensuring employees are rewarded fairly based on their contributions, through internal and external equity.

  • Daily FT से और कहानियाँ

    Daily FT

    CSE ends week 4.7% on the up, extends rally to fifth session

    Regains Rs. 320 b in value, nearly 76% of amount wiped out the previous week

    time to read

    1 mins

    December 13, 2025

    Daily FT

    Daily FT

    Vidullanka and WindForce get 100 MW Mullikulum wind power project

    IN line with the Government's longterm strategy to generate 70% of the country's electricity from renewable sources by 2030, the Cabinet of Ministers on Wednesday approved awarding the contracts for the Mullikulum Wind Power Project, totalling 100 MW to two entities - a consortium of Vidullanka PLC and David Pieris Motor

    time to read

    1 min

    December 13, 2025

    Daily FT

    SSC on course to win outright against Galle CC

    Tier B 3-day tournament

    time to read

    2 mins

    December 13, 2025

    Daily FT

    Daily FT

    The Golden Mirage: A dazzling fantasy at City of Dreams Sri Lanka

    CITY of Dreams Sri Lanka unveiled The Golden Mirage in a spectacular celebration of luxury, culture, and world-class entertainment recently.

    time to read

    1 min

    December 13, 2025

    Daily FT

    Daily FT

    New ground and warehouse service contracts for SriLankan Airlines at Frankfurt Airport

    THE Cabinet of Ministers this week approved new contracts for SriLankan Airlines Ltd.'s operations at Frankfurt Airport, Germany, following the scheduled conclusion of existing service agreements.

    time to read

    1 min

    December 13, 2025

    Daily FT

    Govt. to re-tender Kollupitiya land for mixed development after cancelled lease

    THE Cabinet of Ministers has approved a fresh call for investment proposals to lease a prime block of land in Perahera Mawatha, Colombo 3, following the cancellation of a previous lease agreement due to the investor's failure to meet contractual obligations.

    time to read

    1 min

    December 13, 2025

    Daily FT

    Govt. revises annual liquor licence, one-time entry fees up to Rs. 25 m

    THE Government has moved to restructure excise licensing charges, with the Finance Ministry issuing Excise Notification No. 03/2025 setting out a revised fee regime.

    time to read

    1 min

    December 13, 2025

    Daily FT

    Daily FT

    Govt. Committed to boosting trade competitiveness: Prime Minister

    Addressing 27th Presidential Export Awards, the PM reiterates Govt. intends to streamline trade facilitation, Customs processes, and investment approvals Says progress depends not merely on policies or administration, but on the ability to produce, to create value, and compete internationally Assures Govt. taking steps to support exporters hit by Ditwa

    time to read

    3 mins

    December 13, 2025

    Daily FT

    Daily FT

    Of bull-eating Veddahs, curious bears and human mind that controls all

    AUTHORED by Venerable Thambugala Anandasiri Thero in the Sinhala language, the English translation of the book 'Twenty Five Years of Life in the jungle' is by Kamala Rajapakse, printed and published by Dayawanse Jayakody and Company - Printers.

    time to read

    8 mins

    December 13, 2025

    Daily FT

    Sri Lanka to launch $ 2.66 m Natural Capital Valuation Project for coastal and marine ecosystems

    THE Cabinet of Ministers on Wednesday approved the implementation of a new environmental conservation initiative funded through a $ 2.66 million grant from the Global Environment Facility (GEF), aimed at formally assessing and integrating the natural capital value of Sri Lanka's coastal and marine ecosystems into national development planning.

    time to read

    1 min

    December 13, 2025

    Listen

    Translate

    Share

    -
    +

    Change font size