Apple is on its way (at least publicly) in search of a more equitable and fair corporate environment for everyone. In its latest step in this process, the company pledged to scrutinize even more closely the equal pay between men and women on her payroll and she is not alone, as the CNBC.
Ma's commitment is part of her adhesion to the movement Equal Pay Pledge, an initiative led by California State Filmmaker and First Partner Jennifer Siebel Newsom. Along with Apple, 12 other companies make up the group that signed the document in its first verse among them, Airbnb, ATT, Autodesk, Salesforce and Square.
Among the terms of the document, companies undertake to conduct annual audits that will analyze the payroll of all their operations to identify possible gender pay gaps. Companies also need to evaluate their hiring and promotion processes to detect undue favoritism to men in certain positions.
According to Newsom, California's pay equity laws are the strongest in the United States, but there is still work to be done. The initiative is supported by two important women's rights organizations: the Time?s Up and the California Commission on the Status of Women and Girls (CCSWG).
Time's Up interim CEO Rebecca Goldman applauded the initiative, stating that "in all industries, women at work make less money than men, and the main affected are often non-white women." Ariela Gross, professor of law and history at the University of Southern California, added:
We see that when audits happen, we find out, ?Oh, see, it looks like there are really discrepancies.? There's a lot we can do to fix that.
Surveys indicate that in the US, women earn on average 80% of male earnings; In California, this rate rises to 89%. It's a breakthrough, but still not ideal so the initiative is so important. It is cheering for it to generate quick and noticeable fruits.