Transparency can help eliminate gender pay gaps. That’s why Pax urges companies to disclose policies and processes in place to manage pay equity, the results of their pay analyses and strategies to close any identified pay gaps.
Bringing more women into leadership positions is probably our best shot at closing the pay gap, ending workplace cultures that foster or tolerate sexual harassment, providing universal family-friendly benefits, and achieving truly equal opportunity for women.
Across the globe, with few exceptions, women are underrepresented in management, on corporate boards, and in better-paid technical professions. They are paid less than men for substantially equal work.