Despite a rising crescendo for social justice that includes the #MeToo, #TimesUp and #BlackLivesMatter movements, gender and racial pay gaps likely will worsen because of the COVID-19 recession.
The challenge for employers is that employees are fed up with pay inequity. These movements have shown us that regardless of economic conditions, employees expect more from their employers. Leading companies are taking actions today to ensure they are retaining diverse top talent and creating a competitive advantage. In fact, a rise in pay equity legislation may also soon require lagging organizations to demonstrate that they don’t have pay gaps, whether they want