Nearly 58 percent of companies report they are reviewing compensation structures to ensure pay parity, according to a new survey from global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. This is up from 48 percent of companies that responded this way in January.
“In light of the #MeToo and #TimesUp movements, companies have taken responsibility for creating an atmosphere that fosters equality and safety in the workplace. This extends to ensuring equal pay structures that compensate workers fairly,” said Andrew Challenger, Vice President of Challenger, Gray & Christmas, Inc.
