Analysis Of Wagering On Equal Wages

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Introduction On January 24, 2016, Michelle V. Rafter wrote “Wagering on Equal Wages” an article discussing The Gap Inc., a San Francisco-based clothing retailer, whom was proactive with ensuring fair pay practices for women conducting the same jobs as men prior to the California Fair Pay Act took effect on Jan. 1, 2016. The pay gap has always existed between men and women in various job types, and remains a hot topic of discussion today as women are beginning to close the gap. There are U.S. Laws that prohibit discrimination and enforce pay equality for all, but loopholes and unfair business practices has allowed this to remain an issue. The Gap Inc. is just one of many firms that is determined to change this culture, and guarantee equal pay for all of its team members. Rafter’s article discusses action steps taken by various firms to eliminate the pay disparity.
Gap wage audit 73 percent …show more content…

Mentoring in the workplace is beneficial to the success of the firm and the individual being mentored. Mentoring can build and strengthen employee and employer relationships, displays the firm’s support and investment of a team member, increases a team member’s engagement and productivity output. Firms that have pay-per-performance metrics are the big winners, as an increase in productivity equates to an increase in financial earning. Firms that emphasize fairness and equality generally are viewed as a best place to work. “People believe that fairness is a desirable social condition: We want to be treated fairly, and we want others to view us as being fair. Fairness creates the feeling of trust that’s needed to “hold a good workplace together” (Jackson, Schuler, & Werner, 2012, p. 74). Fairness is equality, which is what women want and deserve, and business owners must employ this mindset when determining women’s

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