5 Ways Your Company Can Help Close the Gender Pay Gap

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Women have been on a long, slow march toward pay equity. More than 40 years ago, U.S. women earned just 65 cents for every dollar men earned. By 2002, that had risen to 80 cents. And in 2022, it hit 84 cents, a historic high. Everything seemed to be heading in the right direction, albeit quite slowly. 

That is, until last year when the gender pay gap widened again. Women working full time in the U.S. slipped back to earning 83 cents for each dollar a man earned.

What happened? 

Most likely, COVID-19. Women who lost or

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