Back in June, 1963 when President John F. Kennedy signed the Equal Pay Act, there was a clear goal: Make it illegal to pay a woman less than a man for doing the same job, under the same conditions, with the same level of experience, requiring the same skill, effort, and responsibility. Despite its good intentions, the law still hasn’t solved the problem—even after 54 years.
Since then, the issue has become muddied in politics. Selecting April 4th as “Equal Pay Day” is meant to represent how many more weeks a woman must work to catch up to what her male counterpart earned in the previous year. Social and traditional media are full of inspirational stories and calls to action, but also stories that take issue with the arithmetic that led us to this day. And that controversy is exactly why the issue of gender pay equality remains an issue more than half a century later, and why today it’s critical for Americans to stop and think about the work that still needs to be done. (more…)
SVP, Corporate Responsibility &
Global Chief Diversity Officer
Early this year McKinsey and LeanIn.org released their Women in the Workplace report, which found that women remain underrepresented across organizations—especially at senior levels of leadership. According to the report, women “experience an uneven playing field, with their odds of advancement lower at every level; there is a persistent leadership gap in the most senior roles; gender diversity is not widely believed to be a priority; and while employee programs designed to help balance work and family are abundant, participation is low among both sexes due to concerns that using them will negatively affect their careers.” (more…)