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Public interest in addressing the gender pay gap is greater than ever and ESG-focused investors are demanding more granular disclosures of companies’ efforts to close the gender pay gap. Companies that fail to address gender pay inequality may not only see reputational damage, but may also find themselves at a competitive disadvantage as talent migrates to companies that prioritize fair pay and opportunities for career advancement. This article analyzes recent developments regarding this topic and offers practical advice to companies that want to improve in this area.
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