In view of the trending focus by investors, employees, the media, regulators, and other stakeholders on gender pay issues, this brief Pearl Meyer interview on the key differences between "gender pay equity" and "gender pay gap" is ripe for sharing. The Q&A simplifies the frequently muddled terms; explains why they are important; and provides high-level guidance on the board's relevant oversight responsibilities.
See these Bloomberg articles: "Goldman Sachs' U.K. Women Earn Half as Much Per Hour as Men" and "Why the Ethnicity Pay Gap Is Even More Complicated Than Gender"; these prior reports: "Arjuna Announces Median Gender Pay Gap Proposal Campaign Targets," "Arjuna Withdraws Gender Pay Proposal In Response to Citi Disclosure," "Executive Compensation (Including #MeToo-Related) Practices & Tips," "BlackRock: UK Gender Pay Reporting," and "Compensation Committee Becoming Human Capital Committee" (and other Board oversight reports referenced in that report); and additional Gender & Other Pay Gap/Parity resources on our Employee/Executive Compensation page. This post first appeared in the weekly Society Alert!