Global Pay Gaps: Strategies for Achieving Workforce Equity Worldwide
Global Pay Gaps: How to Attain Workforce Equity Around the World
Great strides have been made in gender and racial equality in the last couple of decades around the world, but pay gaps persist globally. Women, minorities, and other vulnerable groups are commonly paid less for the same work than their fellow workers, which has become an important issue around the world among governments, organizations, and social movements.
Globalization notwithstanding, pay inequality continues to be prevalent in the labor market. It can also defeat growth, social stability, and the welfare of individual employees. An intensive study of pay gaps helps realize the need for more all-inclusive strategies toward realizing equity in the labor force. Strategies toward workforce equity contribute to an equitable and sustainable economy that impacts the broader community.
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The pay gap is the average difference in earnings between groups of employees. Traditionally, it has been found across the glo
