'The pay gap not only holds women back — making it harder for them to support themselves and their families — but it's bad for business,' write Natasha Lamb and Jennifer Klein for CNNBusiness Perspectives
Natasha Lamb is managing partner and co-founder of Arjuna Capital, an impact-investing firm. Jennifer Klein is the chief strategy and policy officer at TIME'S UP, a nonprofit organization that fights gender inequality at work. The opinions expressed in this commentary are their own.
.leftside-floating-image { float:left; width:100%; max-width: 350px; display:block; margin:0 1.5rem 1rem 0; } @media screen and { .leftside-floating-image { width:100%; display:block; margin:0 auto 1.5rem; } The US Women's National Soccer Team has ignited a fire and jumpstarted a powerful new movement for gender pay equity worldwide. Fresh off earning their fourth world championship, the team has turned their attention to a fight at home: the fight for pay equity. And it's personal.
The pay gap not only holds women back — making it harder for them to support themselves and their families — but it's bad for business. It creates a structural barrier for building diverse, innovative and outperforming teams. Yet, at the current pace of change, it's estimated that the gender and racial pay gap won't be closed for a century.
Public policy matters, and we need to continue to advocate for stronger laws. Federal legislation like The Paycheck Fairness Act, which would prohibit employers from using salary history to benchmark a new employees' salary, has bipartisan support yet is stalled in Congress.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
We Can't Close the Gender Pay Gap Without Talking About the Gender Pain GapWe can't close the gender pay gap until we close the gender pain gap. It's time to talk about both. cr_biggs starts the conversation:
Read more »
Here’s What We Learn From Watching Adele Lim Walk Away From The Pay GapSometimes the best way to deal with the gender pay gap is to walk away from a bad deal, especially when you know your work is bankable.
Read more »
Here’s What We Learn From Watching Adele Lim Walk Away From The Pay GapScreenwriter Adele Lim walked away from the Crazy Rich Asians sequel project over pay disparity. Here's what we can learn from her decision.
Read more »
Here’s What We Learn From Watching Adele Lim Walk Away From The Pay GapSometimes the best way to deal with the gender pay gap is to walk away from a bad deal, especially when you know your work is bankable.
Read more »
Workers would get dividends and voting power under this radical profit sharing ideaA radical idea to guarantee U.S. workers a cut of their company’s profits could one day force employers to cough up more of the wealth.
Read more »
Opinion | Antitrust Can’t Catch Big TechFrom WSJopinion: The Justice Department is gung-ho on antitrust, but Big Tech will change before the feds can make a case, writes andykessler
Read more »