How employers can bridge the gender pay gap

Before change can happen, there needs to be an increase in awareness. When we say awareness, here’s what you should know, on average, American women make 82 cents for every $1 earned by men.

Fortunately, The workplace is evolving to be an equal environment on all fronts. Now that the gender pay gap is out there in the open, companies are taking steps to implement gender diversity and empower more women.

That’s the power of acknowledgment. But the buck doesn’t stop there. We need to act to shrink the gender pay gap and here are 5 ways to do it.

1) Transparency in pay.
2) Fair play in hiring and promotions.
3) Negotiation is the new norm.
4) Give women equal opportunities for advancement.
5) Make work-life balance a priority.

This page is purely informational. Line does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

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