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Apple, Facebook, IBM, and Microsoft Sign White House Pledge For Equal Pay (fortune.com)
In honor of Women's Equality Day, an anonymous reader shares with us a festive report from Fortune: More than two months after the White House first announced its Equal Pay Pledge for the private sector, Facebook, Apple, Microsoft and other major industry players have signed on. By taking the pledge, which was first introduced at the United State of Women Summit in June of this year, companies promise to help close the national gender pay gap, conduct annual, company-wide pay analyses, and review hiring and promotion practices. The new signees were announced in a White House statement on Friday -- which also happens to be Women's Equality Day, the anniversary of the ratification of the 19th amendment, which gave women the right to vote. Apple, which announced earlier this year that it has no pay gap, released a statement promising to dig even deeper into compensation. "We're now analyzing the salaries, bonuses, and annual stock grants of all our employees worldwide. If a gap exists, we'll address it," the company said in a statement. Twenty-nine companies signed the pledge on Friday, bringing the total number of signatories to 57. The pledge is part of a $50-million, White House-led initiative to expand opportunities for and improve the lives of women and girls. The consortium members issued a statement via Whitehouse.gov's press release: "The Employers for Pay Equity consortium is comprised of companies that understand the importance of diversity and inclusion, including ensuring that all individuals are compensated equitably for equal work and experience and have an equal opportunity to contribute and advance in the workplace. We are committed to collaborating to eliminate the national pay and leadership gaps for women and ethic minorities. Toward that end, we have come together to share best practices in compensation, hiring, promotion, and career development as well as develop strategies to support other companies' efforts in this regard. By doing so, we believe we can have a positive effect on our workforces that, in turn, makes our companies stronger and delivers positive economic impact." The consortium members include: Accenture, Airbnb, BCG, Care.com, CEB, Cisco, Deloitte, Dow, Expedia, EY, Glassdoor, GoDaddy, Jet.com, L'Oreal USA, Mercer, PepsiCo, Pinterest, Rebecca Minkoff, Salesforce, Spotify, Staples, Stella McCartney, and Visa.
To the point where in over 30 years, I recall one time a female co-worker worked overtime. She even cried about it.
I am a single white male, and while I've never cried about it, I have griped about it. You may like being told to bend over and take it up the ass, but not everyone does. Some of us still believe that the 40 hour work week should be a thing.
And that's a big issue, because although I'm retired now, if my co-workers who couldn't be bothered to put in any extra when needed were paid the same as me, I'd either need a promotion, or would also have to cook dinner for my wife.
What about option 3? Instead of you both being salary, you are instead both hourly. That way, you are both "paid the same", but you still get paid more because you worked more time.
At least until you are disallowed from working overtime. Which yes I think you should be. We've already been down that road, we don't need to revisit it.