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Equal Pay Counts:
What Companies Can Do
Gender equality is critical for organizations that want to perform at the highest levels, and it requires ensuring that women and men have the same opportunities and are paid fairly for their work.
The gender pay gap affects women throughout their careers.
On average, women in the United States are paid 20% less than men. And if you break it down by race and ethnicity, the pay gap is even worse—Black women are paid 38% less and Latinas are paid 47% less.1 As a result, the average woman misses out on more than $400,000 during the course of her career.2 This pay gap is wider in higher-paying industries and roles.3
Equal Pay 2018 Survey Findings
16% Only 16% of Americans think companies are doing enough to close the gender pay gap. And 60% attribute the gap to sexism or unconscious bias, while just 5% think women don’t work as hard or are less educated than men.4
1. Conduct a pay audit
Did you know?
Only 26% of U.S. companies track differences in salary between women of color and other groups in comparable roles.10
2. Ensure that hiring and promotions are fair
3. Make sure women have equal opportunities for advancement
4. Make it a norm for women to negotiate
Did you know?
Women who negotiate are more likely than men who do to receive feedback that they are “intimidating,” “too aggressive,” or “bossy.”15