As business leaders work to confront and overcome inequality and discrimination in the workplace, it’s essential to include compensation in the discussion. Pay equity is a key approach in combatting the age-old differences in the way people are treated at work based on their gender, ethnicity, and other identifying factors. Equal pay is also in high demand, as more than a third of employees don’t feel their employers pay fairly and a whopping 70% of Gen Z employees would consider switching jobs for increased pay transparency, according to recent research from Beqom.
