Numerous studies found that men are more talented in area A whereas women are more talented in area B. Bennett also worked at the Shenandoah Valley SBDC, where he helped small businesses with a variety of needs ranging from social media marketing to business plan writing. In order to give women more opportunities to work in leading positions in a company and to also give them access to many other benefits, equal pay can help in this regard since it not only promotes equal wages for the same work, the concept of equal pay also raises the awareness on the problem of gender inequality. • Better utilization of talent The Civil Rights Act of 1964 Now, women are generally paid 79% of what men are being paid (Ford). If women are doing the same job as men, then women should receive the same pay as their male counterparts for equal work. Harkin had expressed his views on the issue on last years Equal Pay Day. In many cases, women may even earn significantly more than their husbands and may earn the whole family income while their men will take care of the kids at home. In general, through equal pay schemes and the implied higher wages for women, women will also be much more willing to work in the corporate world since they can contribute more to the overall family income. Migration is the way to help reduce the poverty, even though in many cases it does not radically improve people’s living conditions. The concept of equal pay may not only be beneficial for female employees, it may also benefit corporations all over the world. This may lead to a state where corporations may be less eager to employ women, especially for jobs where men are much more productive since companies will be able to maximize profits by doing so. THE LEGAL ENVIRONMENT: EQUAL EMPLOYMENT OPPORTUNITY & SAFETY You like my content? © 2020 All Rights Reserved | Global Awareness UG (haftungsbeschränkt). I think you would feel quite frustrated since all the hard work has not paid off for you. Perception causes trouble when it comes to salary transparency and pay discrepancies within a business. Over the long run, this may lead to a state where you will only work the minimum and may no longer have any ambition in your job. While equal pay policies can make quite a lot of sense in countries where there is still significant gender inequality, it might not make too much sense in our Western world. Tom Harkin, former Democrat U.S Senate, has a mission to pass a Paycheck Fairness Act, Fair Pay Act, and an Equal Pay Act. For instance, one disadvantage of equal pay is that outstanding performances at the workplace will often not be rewarded in a sufficient manner. c. The Age Discrimination in Employment Act of 1967 This will not only be true for you, but for many other ambitious people. Also, in some instances, men are being promoted to higher positions in firms and companies where woman are only holding small marginal roles in those firms and companies. Key Women’s Issues: Thus, also the overall chances on the job market may become worse for women through the implementation of equal pay policies. • Increased quality of team problem solving In turn, also the risks for conflicts may decrease and the overall working atmosphere may become much better as well. In order to track the success of every individual worker, companies will have to do significant bureaucratic work, which in turn also implies significant additional labor costs. "However, with salary transparency, this becomes a whole lot harder to justify, and as a result, companies are more incentivized to give equal pay for equal work.". • Lack of growth However, many people have always suffered from the lack of them throughout history, of what men were paid (Ford). Making things worse, you may not even get promoted. He graduated from James Madison University in 2018 with a degree in business management. "However, with salary transparency, this becomes a whole lot harder to justify, and a… Need help with your online marketing efforts? While equal pay can make sense under certain circumstances, it can also do more harm than good and in my opinion, there is no need for equal pay in many cases. Instructor: Mr. Tony Denkins For instance, equal is a term that is subject to plenty of discretion and it is not easy to determine if the quality of work of employee A is indeed equally good as the quality of work of employee B. e. The Family and Medical Leave Act of 1993 English 101 HRMG 5000 Managing Human Resources
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