Today is “Equal Pay Day” in the United States, a symbolic date used to focus attention on gaps that exist between men’s and women’s wages. Current estimates show that women still only earn 82 cents for every dollar a man makes. While there are various opinions about the pay gap and what it means, today is not a day to celebrate; rather it is a day for honest reflection. Ask the question: is your pay system equitable?
While reflecting on Equal Pay Day, also ask, what can employers do? Treat pay equity as a business imperative and do a deep dive on pay systems and data. Start with a ...
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