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Right now, Assistant to the President and Director of the Gender Coverage Council Jennifer Klein and Assistant to the President, Senior Advisor to the President, and Director of the Workplace of Public Engagement Stephen Benjamin hosted a dialogue with Deputy Director of the Workplace of Personnel Administration Rob Shriver, non-public sector employers, and equal pay specialists on why pay fairness is nice for enterprise.
Individuals, who included executives from Microsoft, Mastercard, and Salesforce, mentioned insurance policies they’ve put in place to advance pay fairness at their firms. As well as, pay fairness specialists from JUST Capital, EDGE Licensed Basis, and OpenComp mentioned the significance of working with the non-public sector and firms of all sizes to advance honest pay practices and techniques. Individuals emphasised that insurance policies and practices that promote pay fairness aren’t simply good for staff—they’re good for companies’ backside strains. Insurance policies aimed toward selling office fairness, together with equal pay, assist promote workforce inclusivity, employee retention, and a tradition of transparency and belief which, in flip, lowers prices associated to recruitment, hiring, and coaching.
Right now, as a part of the Biden-Harris Administration’s dedication that the Federal authorities function a mannequin employer, the Workplace of Personnel Administration introduced a proposed rule to advance pay fairness for Federal staff that might prohibit the usage of a job applicant’s prior wage historical past when making hiring choices and setting pay for Federal staff. This latest step to eradicate discriminatory pay practices addresses a problem that may contribute to and compound wage gaps for girls staff and staff of shade.
Individuals agreed that leaders in each the non-public and public sector have a component to play in ending discriminatory pay practices that result in wage gaps, and dedicated to partnering collectively to undertake insurance policies which can be good for staff and good for enterprise. Administration officers underscored the significance of main on these points by instance, thanked the individuals for his or her management, and reaffirmed the White Home’s dedication to pay fairness.
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