Pay transparency is key to closing gender pay gap
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February 8, 2021 SHARE
It has been more than half a century since the landmark Equal Pay Act passed, yet the gender pay gap still exists. On average, women make 18% less than their male counterparts. Lack of transparency in pay contributes to the disparity, according to a Washington University in St. Louis sociologist.
Over the last decade, more than a dozen states plus the District of Columbia have enacted legislation banning pay secrecy policies workplace rules that prohibit workers from discussing wages and salaries. The laws aim to eliminate a means by which employers can discriminate intentionally or not against women in the pay setting.