Representation and Pay Equity [Video]

Lindsey_P1 — Thu, 30 Sep 2021 19:32:54 GMT

The average amount of money earned by women throughout a 40-year career is $850,000 less than that of white men. This does not take into account compound interest potential, nor does it account for further gaps based on racial identity that can push this calculation up to $1,740,000. Pennies short on the dollar may not seem deeply significant month to month or year over year, but the lifetime value can be life altering.

Equal pay for equal work is far from reality across racial and gender groups. Watch this conversation on defining what pay equity means for your company, how it dovetails with cross-functional DEI efforts, and how your peers tackle creating more equitable compensation standards.

See how Pledge 1% members, Builders, and subject experts address this issue.

Starlett Carter, COO at Kanarys, Inc.
Sasha Corken, Director of Human Resources at Appfire Technologies
Cassius Conliffe, VP of Total Rewards at Survey Monkey

Want to see more?

Check out our Events Page for more videos and discussions! You can also click the "DE&I" or "Thought Leadership" labels for similar articles. For more conversations, visit our Social Impact Forum. [Note: Some resources or features may only be available to members. Take the pledge today!]

Tell us about you!

How does your company address issues of pay equity? Are there certain pioneers in the space that we should know about? We want to hear about it! Let us know in the comments below!

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The global pandemic and its economic implications impacted businesses, employees, customers, families, and communities all over the world. The Pledge 1% community and companies came together to form a Coalition to support three incredible grant-making institutions: The United Nations Foundation, the CDC Foundation, and the Silicon Valley Community Foundation. As a global movement for social impact, we knew we were in a unique position to convene, aggregate resources, and amplify opportunities to make a difference.

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Representation and Pay Equity [Video]