Posts Tagged ‘ESG reporting’
The Pay Gap is Not a Myth
By now, it would seem that most people recognize that gender and racial pay gaps exist, right? Wrong. Trusaic set out to learn how Americans view and understand what’s commonly known as the pay gap and commissioned a poll to mark both Equal Pay Day on March 15 and National Equal Pay Day on April…
Read More2022 Forecast: The Case for Pay Equity
Leaders in business and HR say pay equity is becoming integral to the success of companies in 2022 and beyond. JD Supra reports, “Pay equity, transparency, employee well-being, and inclusion are the new frontiers for employer-employee relationships.” The data confirms this philosophy has taken root on a broad level as well: A recent survey shows…
Read MoreU.S. Women’s Soccer Team Wins Fight for Pay Equity
Five years ago, several players of the U.S. Women’s National Soccer Team (USWNT) sued the U.S. Soccer Federation for gender pay discrimination. Last week, they reached a $24 million settlement, paving the way for equal pay in women’s sports. Of the total payout, $22 million will be awarded to the players of USWNT, like star…
Read More4 Ways to Incorporate Pay Equity into Your Organization
Good employers know the importance of offering their workers a strong compensation package. But implementing an ongoing system to ensure all employees are fairly compensated can require holistic changes across an entire organization, leaving some employers unsure of where to start. Equal pay initiatives are well worth the effort. Companies that demonstrate a commitment to…
Read MoreNew York City’s Pay Transparency Law Requires Employers to Provide Salary Range Disclosures
The New York City Council closed out 2021 with a step to bolster pay equity, approving a bill that would require employers to post salary ranges in job listings. Earlier this month the was bill was effectively signed into law when New York City Mayor, Eric Adams neither signed nor vetoed the bill. The passage…
Read MoreEEOC’s FY 2021 Activity and the Future of Pay Equity Enforcement
The 2022 fiscal year is shaping up to be busy for the U.S. Equal Employment Opportunity Commission (EEOC). The agency experienced a boost in activity at the end of 2021 according to its Agency Financial Report, indicating the enforcement lull it experienced in 2020 is over. A message from EEOC Chair Charlotte Burrows affirms the…
Read MoreRiot Games Settles Gender Discrimination Lawsuit at $100 Million
Entertainment company Riot Games recently settled a multi-year-long gender discrimination class-action lawsuit with the California Department of Fair Employment and Housing (DFEH). After all is said and done, the software company will pay $100 million to settle the claims of gender discrimination, including unequal pay and sexual harassment, among other misconduct. Some $80 million will…
Read MoreGender Pay Inequity Starts at Beginning of Career
The wage gap between men and women begins at the start of an individual’s career, according to new data from the National Association of Colleges and Employers (NACE). NACE’s First Destinations Survey for the Class of 2020 shows a stark difference between men’s and women’s starting salaries right out of college, debunking the myth that…
Read MoreMen Asked to Pay More at First “Pay Gap Store”
Today we’re pleased to launch the world’s first Pay Gap Store, a new, ground-breaking online store where the prices reflect – and offset – the pay gap in the wider world. The store’s male customers are among those invited to pay higher prices, since U.S. men still earn, on average, 18% more than U.S. women…
Read MoreMcDonald’s Achieves Pay Equity for Women and Underrepresented Groups
McDonald’s has reached a significant milestone in its diversity, equity, and inclusion (DEI) journey. The fast-food giant announced last month that it effectively achieved pay equity for women and other historically underrepresented groups across its workforce of 180,000 U.S. employees. Employees belonging to underrepresented groups are now paid the same as their white counterparts for…
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