Black Women’s Equal Pay Day Equals An Extra 214 Days Of Work

When it comes to closing the pay gap, an obvious place for companies to start is to do a pay equity study to look at pay ranges and compensation across the board, identify any gaps, and then close them. Also key is to make sure everyone in your organization has an equal opportunity to advance into leadership positions, which also comes with higher salaries.

“We’re seeing more companies emphasizing diverse hires, but as we start moving into middle management and top leadership roles, the amount of diversity tends to dwindle,” says Kimberly B. Cummings, leadership coach and author of the new book “Companies have to do a deep dive into why people may be leaving as their career progresses, and what’s happening during the transition from manager to director by comparing different dimensions of identity across the board, such as gender and race.

“It's important for companies to do their part, but also for the individuals to negotiate. There have been many times I've seen people who are underpaid and they simply didn't counter,” says Cummings. “I'm not putting it on that individual, because the company should be offering something equitable, period. But also employees need to ask for what we’re worth. When you counter, it is never because you feel like you need this.

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