March 12th marked Equal Pay Day, an annual day where gender inequality is recognized in workplaces across America. A new study by The Society for Human Resources Management, SHRM, found that 70% of HR professionals agree that women face discrimination in the labor market even though 75% of organizations regularly audit for pay equity.
While there's been significant progress made in terms of pay equity, the study shows there is still a long way to go. While gender is accounted for in 80% of pay equity audits, race and age are only reviewed 68% and 62% of the time respectively, highlighting a disparity in how pay equity is evaluated across various demographics.
Johnny C. Taylor, Jr., President and CEO of SHRM-SCP said the study findings, "suggest a strong awareness of pay equity issues among workplaces, while also uncovering a lack of training and unity among HR departments regarding this topic."
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