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BY LAURA MORSCH, CAREERBUILDER.COM Put a few thousand business executives in a room and you likely won't find many with the same educational backgrounds, industry experience or job descriptions.
A break-down of women's pay for different professional and service categories. Based on data from the U.S. Census Bureau and U.S. Bureau of Labor Statistics, produced by the U.S. Department of Labor's Women's Bureau in 2014 for the 50th anniversary of the 1963 Equal Pay Act. In 2003, the pay differences in many occupations were tracked.
However, employers can rebut Equal Pay Act challenges by showing that the contested pay differential is based on seniority, merit, quantity or quality of work produced or "any other factor other than sex". [2] [3] Courts disagree about whether an employee's prior salary information counts as "any other factor other than sex".
Some of the policies that were proposed to confront the racial wage gap were reinforcing employment anti-discrimination laws, providing tax incentives for minority entrepreneurs, performing pay audits, banning the right to ask applicants about their salary history, and upgrading technology to assist during hiring decision to eliminate possible ...
In Canadian usage, the terms pay equity and pay equality are used somewhat differently from in other countries. The two terms refer to distinctly separate legal concepts. Pay equality, or equal pay for equal work, refers to the requirement that men and women be paid the same if performing the same job in the same organization. For example, a ...
The terms compensation differential, pay differential, and wage differential (see wage dispersion or economic inequality) are also used in economics, but normally have a different meaning. They simply refer to differences in total pay (or the wage rate) in any context. [ 22 ]
Cross-firm pay transparency overall strengthens the power of workers against employers, as workers are more likely to seek higher-paying jobs, and negotiate higher pay at their current job. [ 1 ] A 2024 experiment conducted on employees at an Asian bank showed that revealing salaries of their managers, especially to those who predicted it lower ...
The Equal Pay Act of 1963 is a United States labor law amending the Fair Labor Standards Act, aimed at abolishing wage disparity based on sex (see gender pay gap). It was signed into law on June 10, 1963, by John F. Kennedy as part of his New Frontier Program. [ 3 ]