Understanding and Addressing Your Gender Pay Gap
The gender pay gap is getting bigger, and that's bad news for business.
With no time to waste, WORK180's latest report is here to help you and your team understand what the gender pay gap is, why your company should care, and what you can do about it.
Despite common misconceptions, the gender pay gap is not the same as equal pay.
While a contributor to the pay gap (particularly at the enterprise level) unequal pay for the equal value of work is illegal. So, if unequal pay is illegal, what’s causing the gap?
The pay gap is caused by a lack of access and opportunities to higher-paying positions for women:
Despite asking for promotions at similar rates... Only 72 entry-level women are promoted to manager-level roles for every 100 entry-level men promoted to manager-level roles.
The bad news is that the gender pay gap can’t be solved by money alone. The good news is your company has the power to break down barriers, change perceptions, and reduce the gender pay gap.
But why should your company care?