Today is National Equal Pay Day. They say that the average woman has to work from January 1, 2023, through March 12, 2024, to make as much money as a man who worked only in calendar year 2023.
While there are many conversations around the gender pay gap theory (for FAQs about the gender pay gap, read this), it’s still important for employers to ensure that their employees are paid equitably and without regard to race, sex, or any other legally protected characteristic. And it’s increasingly important for employers to be aware of – and comply with – any pay transparency laws that apply to them.
So, in honor of the occasion, here are some tips on how employers can ensure that they are doing the right thing by their employees.
Diversity, equity, and inclusion has been the bedrock of our firm since we opened over 75 years ago. As we like to say, it is in our DNA. We believe that to foster diverse leadership and urge diversity of thought, we must do what we can to advance the conversation about diversity, equity, inclusion, accessibility, and belonging in the workplace and the communities in which our workplaces thrive. Through our blog, we share our insights from the perspective of both an employer and employee, regarding emerging issues that affect diverse leaders and workforces. We hope you enjoy our tidbits of legal and practical information, wisdom, and humor. Thanks for joining the conversation!
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