How does gender pay gap impact women in retirement?
Compensation & BenefitsEmployee RelationsEmployee EngagementDiversity#BreaktheBias
Women attain just 74% of the wealth accumulated by men at retirement, reveals a new global study from WTW.
Compensation & BenefitsEmployee RelationsEmployee EngagementDiversity#BreaktheBias
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.
Employee RelationsEmployee Engagement#BreaktheBias
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.
Diversity#BreaktheBias#RedrawingEVP
“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.