On EqualPayDay, major companies are going public with their efforts and data, helping push toward change
This April 2 is Equal Pay Day, a day that “symbolizes how far into the year all women must work to earn what men earned in the previous year,” a day first marked in 1996 by the. It’s a day flanked by numerous other Equal Pay Days that mark pay gaps between women of color and white men. August 22, represents $0.61 earned by Black women against the white man’s $1.00, and November 20 marks the $0.53 Latina women average against the white man’s $1.
We live in a time of hard-to-imagine scientific progress, a time in which we welcome AI into our homes and we are being wooed withand yet men and women will continue to be valued differently for 100 years, until the year 2119. This makes no sense. So those of us fighting for women in work push along, joining in a chorus of those who agree that different pay for equal work is not only unsustainable, but bad for business. It is worth noting that many voices in this choir belong to men, as they should. Equal pay is not a woman’s issue, but rather one that impacts all of us.Major companies are going public with their efforts and data around equal pay, helping push toward change.
Starbucks’ path to true gender and racial equity was long, involved, and full of learning for the company. Brewer explained, “We began our company-wide compensation study at Starbucks in 2008. It took more than 10 years of analysis, innovation and vigilance that led us to achieve 100 percent pay equity for men and women and people of all races performing similar work in the U.S.
Citigroup stepped into transparency in January with its release of its internal pay equity review, which showed that globally its median compensation for female employees is 29 percent less than for males. The media reported this revelation via blunt headlines, some harsher than others, including an expletive-punctuated one from
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