Payroll
PwC, Deloitte, EY Join Largest U.S. Companies To Help Close Gender Pay Gap
Big Four accounting firms Deloitte, EY and PwC have joined an organization of U.S. companies that are pledging and working to eliminate the gender pay gap. The group of employer representatives is being called Employers for Pay Equity.
Sep. 01, 2016
Big Four accounting firms Deloitte, EY and PwC have joined an organization of U.S. companies that are pledging and working to eliminate the gender pay gap. The group of employer representatives is being called Employers for Pay Equity. The list of signatory companies has grown to more than 50, double the size since the White House Equal Pay pledge was announced in June, signaling increased commitment to women’s equality.
More than 50 of the nation’s largest employers have joined the group and taken the ‘Equal Pay Pledge’ aimed at closing the gender pay gap. The other companies include GoDaddy, APple, GM, Microsoft, Cisco, Target and Visa. Despite passage of the Federal Equal Pay Act of 1963, which requires equal pay for equal work, women working full-time in the U.S. still earn just 79 percent of men’s wages, according to federal statistics.
Members of the Employers for Pay Equity consortium met for the first time this summer, and have now united as a private, business-to-business organization in order to work independently and harness its collaborative power as an employer-led entity. Its charter is to leverage the group’s collective expertise to eliminate the national pay and leadership gaps for women and ethnic minorities. To learn more about joining the pledge and read the full mission statement, please visit EmployersForPayEquity.com.
“This isn’t about making unachievable promises, or lending lip-service to the cause – this is about bringing together wisdom from an incredible range of companies willing to share their best practices, to learn from each other and encourage more businesses to implement real change to balance the gender pay gap,” said GoDaddy Chief People Officer Auguste Goldman. “It’s the right thing to do, it’s what our employees and customers want, and it’s also good for the bottom line. It’s been more than 50 years since the Equal Pay Act was signed and yet we’re still not where we need to be as a country or a company.”
To learn more, join the pledge, or to see the companies already involved, please visit: EmployersForPayEquity.com.