Posts Tagged ‘Gender Equality’
Goldman Sachs, the NFL and the Gender Pay Gap
Two major organizations, the NFL and investment bank Goldman Sachs, are facing fallout amid accusations of workplace discrimination and the gender pay gap. Goldman Sachs settlement Following a gender discrimination class action lawsuit which began in 2010, investment bank Goldman Sachs agreed to pay $215 million in settlement. The case, involving 2,800 female associates and…
Read MoreNational Strategy to Achieve Gender and Racial Equity Released
Late last month, the first-ever national strategy for achieving gender and racial equity was published. The strategy is part of the Biden administration’s Executive Order 14020, first enacted on International Women’s Day in March of this year. The order created the first-ever White House Gender Policy Council and tasked the group with developing a national…
Read MoreThree Essential Pay Equity Practices, According to Iceland
3 minute read In the U.S., comprehensive pay equity legislation is long overdue. This congressional inaction means that U.S.-based companies must look overseas to gauge how foreign markets and governments are responding to the growing international movement for gender equality in the workplace. According to a new article in the Harvard Business Review, Iceland has…
Read MoreU.K. Race and Ethnicity Pay Gap Reporting Obligation to Be Debated By Parliament
Effective 2017, the United Kingdom requires employers with over 250 employees to report on their gender pay gaps. While that obligation is currently suspended based on COVID-19, it is expected to return. Now, recent events have led to a platform for expanding that obligation to include race and ethnicity-based pay gaps. According to a post…
Read MorePay Equity Laws Abroad are Rapidly Evolving. U.S. Employers Should Take Note
Pay Equity is increasingly becoming a major operational imperative for businesses at home and abroad. Achieving Pay Equity means eliminating unlawful discrimination from the wage-setting process. The rising importance of Pay Equity for employers globally can be attributed to rapidly evolving laws regulating the payment of wages. In this article, Trusaic takes you on a…
Read MoreUnder COVID-19, Progress Toward Gender Equality in the Workplace is at Risk
New data suggest that the economic downturn associated with COVID-19 has disproportionately affected women. A pair of articles in the Economist and Bloomberg News discuss how this slowdown is different from others in its gendered impact, particularly along the dimensions of 1) job loss and 2) distribution of household and childrearing responsibilities. Together, they paint…
Read MorePuerto Rico Leaps Ahead in Equal Pay Efforts
Puerto’s Rico’s equal pay efforts received a significant boost earlier this month, thanks to regulations set to take effect March 14, 2020. Puerto Rico’s Equal Pay Act, first enacted on March 8, 2017will now see new regulations to ensure employers are working to achieve gender equality. Under the new regulations, employers will be able to…
Read MoreU.S. Women’s Soccer Equal Pay Lawsuit Sign of the Times [UPDATE]
Now that the U.S. Senior Women’s Soccer Team (USWNT) has won again on the field, can the players forge a similar victory off the field to achieve equal pay? The USWNT rewrote the record books at the recent World Cup competition, thoroughly dominating the competition in winning its fourth World Cup, and second in a…
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