I am pleased to share my latest post to Entrepreneur.
People can debate the extent of the gender pay gap, but no one
credibly can argue that it doesn't exist. Some degree of gap
might be due to factors outside of an employer's control, such
as time a worker takes off to serve as primary caregiver. Other
factors, though, may be due to systemic or implicit (unconscious)
bias.
The gender pay gap does more than expose an employer to legal
risk. Closing the gap is a talent imperative, too. Individuals who
are paid less for no clear reason usually know it. If they
don't leave your company, they'll be less engaged during
their continued employment.
Not surprisingly, more employers are conducting self-assessments
to determine the presence and extent of pay gaps. If not done
properly, however, these self-assessments could result in exactly
what you hope to avoid: litigation.
