The gender pay gap is a global challenge created by issues affecting pay equity and pay parity. Pay equity means equal pay for work of equal value. Pay parity means that there are equal numbers of women and men represented at each pay level across the organization. Both pay equity and pay parity need to be addressed to close the gap. The pay gap affects all women, although women from underrepresented racial and ethnic groups experience the largest gap.
For this and more articles from PWN Global, join our FREE community today.Read the full article at Catalyst