The fact that yesterday (April 12th) was the day when women’s earnings finally caught up with men’s 2015 pay makes it clear that we still have a glaring gender incongruence to overcome in our workplaces.
While the ethical objective for equality is a given, the Equal Pay Day is a timely opportunity to look at the financial gains of better equality in the workplace. Studies by McKinsey & Company, Ernst & Young and PricewaterhouseCoopers all confirm that companies with greater diversity at board level significantly outperform those without. From a national perspective, achieving gender parity in the U.S. would boost the economy by a staggering $4.3 billion.
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