Only 60% of employers are actively working to achieve pay equity, according to the 2019 Pay Equity Practices Survey of C-suite and Reward Leaders conducted by WorldatWork and Korn Ferry; 7% said it isn’t on their radar.
But companies that are striving for this have been notably public about it. Nordstrom recently announced that it reached 100% pay equity for all of its employees, stating that it evaluated pay equity by looking at base salary and assessing whether employees with similar roles, levels of experience and performance were receiving equal pay for equal work. Starbucks, Citigroup and JPMorgan have also announced their intent to eliminate pay inequities for women and people of color.
