Women attain just 74% of the wealth accumulated by men at retirement, reveals a new global study from WTW.
The class-action lawsuit was filed in 2017 by three women accusing the company of underpaying female workers in violation of California's Equal Pay Act, citing a wage gap.
“One stumbling block in adoption on inclusion is when it ends up as an ‘also’ responsibility with the HR, Women leaders forum or Diversity leader. A truly inclusive organisation will stand out as inclusion will not be just an HR or DEI leader’s agenda, but a business agenda,” says NASSCOM Foundation’s CEO, Nidhi Bhasin.
“The organisation may have sensitisation programs and anti-discriminatory laws in place. But if among colleagues there is discrimination, abuse, bullying, slurs, mocking, then you are going to hide,” says Raga Olga D’silva.
A majority of women say their stress levels are higher than they were a year ago and plan to leave their employer within the next two years, reveals the latest Deloitte report.
“Even employers, with the best intentions for employees’ health, focus on weight loss. Instead, they should focus on wellness,” said Kara Richardson Whitely, a National Expert on Extended Sizes and author of Gorge: My Journey Up Kilimanjaro.
“Direct managers have the most influence on employees and are critical for cultural changes such as DEI. If they are not committed, a cultural change is unlikely to happen. Missing consistent leadership commitment is one reason why companies don't progress on DEI” says Matt Krentz, Managing Director, Boston Consulting Group.