Encourage Pay Equity
According to a 2017 Pew Research Center survey, vast gender pay gaps persist. In addition, about 42% of working women stated they have experienced gender discrimination at work. There’s no reason for disparity in wages. Similar jobs demand similar pay rates. Paying men and women equitably promotes diversity.
Managers must create a level playing field and offer equal opportunities for every employee. Organizations can use analytics to identify the underpaid or overworked employees, so they’re given more time off work and fair compensation, as well as total access to promotion opportunities.
Tech companies can attract a more diverse range of people by publicly committing to close the pay gap. This will help you retain your employees and open opportunities for everyone to grow.