Equal Pay Day serves as a reminder of the gender pay gap, highlighting that women earn about 82 cents for every dollar men make. This disparity is even greater for women of color. Leaders are urged to take personal responsibility in addressing this injustice and not to defer to HR alone. Concrete steps include partnering with HR to analyze pay equity, communicating findings transparently, and ensuring fair compensation practices. Action is essential to ensure women’s skills and contributions are valued equitably, particularly on Equal Pay Day.
"Each year, Equal Pay Day is a moment to raise awareness and combat pay inequities. According to the National Committee on Pay Equity, the date signifies how far into the year women must work to earn what men earned the previous year."
"As a leader, this is your job. If the women on your team aren't being valued for their expertise and experience, fix it."
"If you want to honor Equal Pay Day, start with these three actions: Partner with HR and legal to communicate pay equity measures, undergo a pay equity analysis, and be clear on raises."
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