Companies that find creative ways to ease the financial pain of equalizing pay may be accused of trying to game the system. (Photo: Shutterstock)
The issue of a gender pay gap among American workers is among the hottest topics in the workplace today, but addressing the problem in an equitable way remains problematic.
Several recent studies underline how companies are struggling to address this problem effectively and fairly. One study examined the (slow) progress women have made in representation in corporate boards. A second analysis also pointed to lack of women in leadership roles as a drag on pay for women—and found a company's size and type can make a difference. Finally, a third analysis looked at recent experiences of companies in trying to address gender pay gaps, and some of the complexities that have emerged as companies try different strategies.
|Limited progress among corporate boards
One way to address gender pay gaps is to bring women into leadership roles. A recent study examined the increase in diversity in boardrooms and found that women have made some gains in this area. Deloitte and the Alliance for Board Diversity collaborated on the 2018 Missing Pieces Report, which examined the progress that has been made for inclusion of women and minorities on corporate boards.
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