Companies Can’t Solve the Gender Pay Gap All at Once
It’s hard to capture all the factors that can hold women’s careers and wages back. While the famed 82-cents-per-dollar statistic helps to make a point about inequality, the gender pay gap is actually much more complex than a single figure. That’s why more and more companies are making an attempt to better understand how discrepancies happen, and what ongoing solutions might be.
One straightforward approach involves conducting an internal pay audit and then addressing discrepancies between men and women who perform. Cindy Robbins and Leyla Seka, senior officers at the firm, of pay inequality, and a proposed fix, to the CEO Marc Benioff. After the inaugural internal pay audit, Salesforce spent $3 million adjusting the salaries of its employees to ensure equal pay among the genders.
