GoDaddy is one of the originating signatories of the recent 'Equal Pay Pledge' aimed at closing the gender pay gap. Despite passage of the Federal Equal Pay Act of 1963, which requires equal pay for equal work, women working full-time in the U.S. still earn just 79 percent of men's wages, according to federal statistics.
Members of the Employers for Pay Equity consortium met for the first time this summer, and have now united as a private, business-to-business organization in order to work independently and harness its collaborative power as an employer-led entity. Its charter is to leverage the group's collective expertise to eliminate the national pay and leadership gaps for women and ethnic minorities. To learn more about joining the pledge and read the full mission statement, please visit EmployersForPayEquity.com.
"This isn't about making unachievable promises, or lending lip-service to the cause – this is about bringing together wisdom from an incredible range of companies willing to share their best practices, to learn from each other and encourage more businesses to implement real change to balance the gender pay gap," said GoDaddy Chief People Officer Auguste Goldman. "It's the right thing to do, it's what our employees and customers want, and it's also good for the bottom line. It's been more than 50 years since the Equal Pay Act was signed and yet we're still not where we need to be as a country or a company."
GoDaddy's findings from its own internal salary audit last fall revealed that, on average, for every dollar a man makes at GoDaddy, a woman is paid roughly one cent more. Women specifically in technical roles at GoDaddy, though, make approximately 99 cents on the dollar. In the management ranks, women are paid an estimated 96 cents on the dollar.
In addition to networking with one another about individual learnings, participants commit to conduct an internal review of their company pay structure, review hiring and promotions to remove any obstacles for women, and include pay equity into their diversity and inclusion strategies.
To learn more, join the pledge, or to see the companies already involved, please visit: EmployersForPayEquity.com.
To read more about why GoDaddy is an employer for pay equity, please check this out.
Read more about the gender wage gap in an updated report released by the White House Council of Economic Advisors, available here.
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SOURCE GoDaddy Inc.