The Problem With Existing Pay Equity Laws

  • Transparency: a behind-the-scenes look at my day-to-day.
  • Inclusivity: bringing others along in the journey.

Today’s Pay Equity Laws Don’t Go Far Enough

Question:

Answer:

The Equal Pay Act and The Civil Rights Act

How Information Asymmetry Impacts Pay Equity

Today, despite the proliferation of pay transparency laws, nearly half of all employees in the US work under some degree of pay secrecy.

Filing For Pay Inequity Is A Burdensome Process

Who Would Benefit From A True Pay Equity Law?

  • Taxpayers, who end up subsidizing inequitable pay practices via taxpayer-funded social assistance programs.
  • The economy, because closing the gender pay gap would boost it by $512 billion.
  • Companies, who can’t afford to sideline half the labor base with inequitable wage practices. (72% of women said they would not apply to work at a company where a gender pay gap exists.)

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