Today’s employees, consumers, investors, and legislators have reached a resounding consensus: Diversity, equity, and inclusion (DEI) in the workplace matters.
And not only does it matter, it should be at the top of employers’ to-do lists in an increasingly competitive labor market. Now more than ever, employers must assess how they can better serve their employees, and in turn, their communities. Number one on the list? Pay equity — ensuring that employees who perform similar work are paid fairly, regardless of their gender, race/ethnicity, or other protected class factors. In other words, equal pay for equal work.