So whenever this term gender inequality pops up, we can think of none other than the women who belong to the weaker section. Let’s make this clear in here, that the inequality is levied on both the genders and sometimes more on men.
Google conducted an annual study on wage equality, the results were something unexpected. One of the genders was definitely underpaid but it isn’t the one you’re thinking it to be.
The tech giant carries out annual equity-wage analysis to stand by its commitment to pay all its employees equally irrespective of their gender. In 2018, 91 percent of Google employees were included in the analysis and the company provided 9.7 million dollars in adjustments to 10,677 employees. Interestingly, according to the New York Times report, the majority of the employees whose pay was compromised were men.
In the company's blog, one of its officials wrote, "Our pay equity analysis ensures that compensation is fair for employees in the same job, at the same level, location and performance. But we know that's only part of the story. Because leveling, performance ratings, and promotion impact pay, this year, we are undertaking a comprehensive review of these processes to make sure the outcomes are fair and equitable for all employees."
It feels good to see a company, which has faced several claims of pay discrimination against women, is putting it’s best to eliminate the gender pay gap. The company also said that a comprehensive review will be conducted based on other factors that influence wage discrimination.
World Bank study says that gender inequality at work could cost the world a whopping 160.2 trillion dollars in lost earnings. Alongside wage discrimination, the next issue that affects both the genders at the workplace is promotion and hierarchy.
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