Posts Tagged ‘Pay Gap’
Hewlett Packard Enterprise Reaches $8.5 Million Pay Gap Settlement
Computer information technology company, Hewlett Packard Enterprise reached a settlement regarding allegations of pay discrimination late last week. 1,735 female employees who worked at the company’s California offices from 2015 onward will be awarded compensation ranging from $500 to $17,000 each. The amount itself will come down to each individual’s tenure with the company and…
Read MoreBig Mac and Pay Gap Collide in New Index
What if there was a way to understand how your gender and race/ethnicity affect your buying power? With the world’s first, Big Mac Pay Gap Index, you can do just that. The online tool provides a new way of understanding what the pay gap means for you. It does so by showing you how much…
Read MoreThe 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 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 MoreCanada Pay Equity Act Anticipated to Take Effect This Year
In a landmark effort to ensure that pay equity is both achieved and maintained, the Canadian parliament passed the Pay Equity Act in December of 2018. The Pay Equity Act will create new proactive pay obligations on employers in the public and private sectors. Since 2018, covered organizations have waited for the Act to take…
Read MoreBiden Executive Order on DEI Has Serious Implications for Employers
Employers should take note of an Executive Order related to diversity, equity, and inclusion (DEI) made by President Biden on his first day in office. While the order applies only to departments and agencies of the Federal Government, it’s likely to have a far-reaching impact on private-sector employers as well. For context, Executive Order 13985…
Read MoreHow to Prepare for the ESG Reckoning: Three Essential Steps
When two founding members of Bain Capital’s impact investing fund sound the alarm that An ESG Reckoning Is Coming, employers should take note. Michael O’Leary and Warren Valdmanis cover a lot of ground in their new article for the Harvard Business review, from Nikola’s disastrously fake zero-emission semi-truck commercial to Former U.S. Attorney General Loretta Lynch’s…
Read MoreWhat Employers Need to Know About Setting ESG Goals & Measuring Their Progress
As time goes by, it’s becoming clear just how important environmental, social, and governance (ESG) goals are for employers. Accurately measuring your ESG progress is only part of the solution. Like most business processes, companies look to Key Performance Indicators (KPIs) to measure progress towards goals and objectives. The issue is that employers are focusing…
Read MoreCompanies Rethinking NDAs with Discrimination Settlements
When companies lay off employees and offer them severance packages, it’s not uncommon to have them sign a non-disclosure agreement, which effectively prevents them from saying anything disparaging about the company after they leave. If the employees don’t agree, they don’t get the money. Similar tactics are often used in racial discrimination settlements. But that’s…
Read MoreCalifornia Pay Data Reporting Most Commonly Asked Questions
On September 30, 2020, California Governor Gavin Newsom signed Senate Bill 973 (“SB 973”) into law. SB 973 authorizes California’s Department of Fair Employment and Housing (DFEH) to enforce the annual reporting of pay and hours worked data for employers with California employees. Here are a few answers to frequently asked questions regarding California’s new…
Read More