Congratulations to Mercer on this international recognition for their efforts to achieve workplace gender equity, promote women, and reduce the gender pay gap.
Check out some of Mercer’s groundbreaking research on advancing women in the workplace through their When Women Thrive initiative.
Iceland is trying a new approach for government certification that companies pay men and women the same for equal work. But there is doubt as to how much of a silver bullet this will be in closing the pay gap.
Three common ways the pay gap is measured, what leading companies are doing about it, and the best strategies to consider today.
Women remain underrepresented at every level in corporate America, despite earning more college degrees than men for thirty years and counting. There is a pressing need to do more, and most organizations realize this: company commitment to gender diversity is at an all-time high for the third year in a row.
Despite this commitment, progress continues to be too slow—and may even be stalling. One of the most powerful reasons for this is a simple one: we have blind spots when it comes to diversity, and we can’t solve problems that we don’t see or understand clearly. In fact, a majority of men and 1 in 3 women think that if women make up 10% of executive roles at a company, the organization is on the right path.
“We always had equal pay for equal work, but it’s more about equal opportunity for equal work,” Mr. Nadella said at a TimesTalks event hosted by The New York Times. “In tech, we do have a significant distance to cover… My job is about creating a system that allows women to participate, to feel free to ask for a raise, to expect to be recognized for their progress — I had not internalized how the system was not working.”
Our neighbor to the north could raise GDP by $150 billion by closing the gender pay gap.
Gender equality in the workplace and eliminating the gender pay gap are hot topics in the news, with some large brands capitalizing on the discussion to attract female consumers.
Neighboring Pacific Northwest state unanimously passes Oregon Equal Pay Act of 2017. The bill aims to shrink the stubborn pay gaps between genders, races and other protected classes that are disadvantaged by pay discrimination. Importantly, the policy also encourages companies to proactively examine their own pay practices before a lawsuit is filed.
First, there was #BanBossy, backed by the likes of Beyonce, aimed at encouraging young girls to be assertive — and to ignore a gendered word used to stigmatize women leaders. Then there was #LeanInTogether, an Emma Watson-approved attempt to convince men to join women in the fight for gender equality.
Now, on April 4th — Equal Pay Day — Facebook COO Sheryl Sandberg’s nonprofit LeanIn.Org has launched its latest high-profile campaign, this time with the backing of women-friendly businesses like Salesforce and Lyft and a social media assist from Funny or Die and Hulu.
Negotiating effectively takes practice and courage. One author shares her best tips and lessons learned on how to do it like a pro and achieve the compensation you deserve.