3. Pay Equity as the Foundation of Diversity, Equity, and Inclusion
by Sarah Morgan
Pay equity and compensation transparency are the cornerstones of a comprehensive diversity, equity, and inclusion (DEI) strategy. Without a commitment to paying employees fairly and taking consistent action to ensure this happens, efforts to increase the diversity demographics of employees and steps taken to ensure all employees feel welcomed and accepted ultimately ring hollow and performative. By not committing tangibly to pay equity, an organization demonstrates that it lacks true commitment to the well-being, stability, and growth of its employees.
DEI leaders must cultivate and maintain keen awareness in themselves that pay equity is a cornerstone of effective ...
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