A growing number of employers are taking action on pay equity, new research is showing. Many employers have been influenced by the desire to “do the right thing;” others are concerned about mitigating the legal risk of unequal pay, a January report from WorldatWork and Fidelity investments found.
The exact reasons why the gender pay gap has decreased so dramatically aren’t clear, Rohshann Pilla, president of Aquent Talent, said in an email to HR Dive. “For the roles broken out by gender, we had an increase in the number of women entering salaries in the tool, and there was a larger increase in their salaries from 2021 to 2022,” Pilla noted.
