President Obama unveils new rules for closing gender pay gap

-

President Obama, now in his last year in office, has unveiled a number of new policies to close the gender pay gap

President Obama has outlined new plans to close the gender pay gap in the United States. Women still earn just 79 cents to every dollar earned by man in the US. This comes nearly fifty years after the Equal Pay Act was passed by President Lyndon Johnson in the 1960s in an attempt to demolish the discrepancy between male and female pay.

“We are talking about folks doing the same job but being paid different,” the president said during an address at the White House. “What kind of example does paying women less set for our sons and daughters,” the president continued.

The Obama administration has now issued new proposals requiring all companies with at least 100 employees to disclose salaries broken down by gender, race and ethnicity. Obama’s executive action would cover all companies with more than 100 employees, representing some 63 million workers.

The plan comes seven years after Obama signed the Lilly Ledbetter Fair Pay Act, which was designed to make it easier for women to bring pay discrimination lawsuits. It was the first bill Obama signed into law and just nine days after he took office.

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

However, progress towards equal pay has been very slow. When the Ledbetter bill was passed, women were paid an average of 77 cents to every dollar earned by a man. Today it stands at 79 cents. The median wage of full-time working women is $39,600 compared to $50,400 collected by men.

Robert joined the HRreview editorial team in October 2015. After graduating from the University of Salford in 2009 with a BA in Politics, Robert has spent several years working in print and online journalism in Manchester and London. In the past he has been part of editorial teams at Flux Magazine, Mondo*Arc Magazine and The Marine Professional.

Latest news

Exclusive: London bus drivers’ ‘dignity’ at risk as strikes loom over welfare concerns

London bus drivers raise concerns over fatigue and lack of facilities as potential strikes escalate long-standing welfare issues.

Whistleblowing reports ‘surge by up to 250 percent’ at councils as new rights take effect

Whistleblowing cases are rising across UK councils as stronger workplace protections come into force, though concerns remain about underreporting of serious issues.

Bullying and harassment to become regulatory breaches under new FCA rules

New rules will bring bullying and harassment into regulatory scope, as firms face rising reports of workplace misconduct.

Personalising the Benefits Experience: Why Employees Need More Than Just Information

This article explores how organisations can move beyond passive, one-size-fits-all communication to deliver relevant, timely, and simplified benefits experiences that reflect employee needs and life stages.
- Advertisement -

Grant Wyatt: When the love dies – when staying is riskier than quitting

When people fall out of love with their employer, or feel their employer has fallen out of love with them, what follows is rarely a clean exit.

£30bn pension savings window opens for employers ahead of 2029 reforms

UK employers could unlock billions in National Insurance savings by expanding pension salary sacrifice schemes before new limits take effect in 2029.

Must read

Chieu Cao: Personalising financial wellbeing support to help employees navigate the cost-of-living crisis

"Not only can negative financial wellbeing lead to poor mental health and elevated levels of stress, but it can also be bad for business, as it can impact employees’ productivity."

Nick Burns: Proving the value of wellbeing initiatives requires a cultural shift

"Employees expect their companies to take a vested interest in their financial health."
- Advertisement -

You might also likeRELATED
Recommended to you