Washington, DC - The White House launched the Equal Pay Pledge in June at the first-ever United State of Women Summit, encouraging companies from across the American economy to take action to advance equal pay. Today we are announcing new signatories to the White House Equal Pay Pledge and highlighting the critical role that businesses can play in reducing the national gender pay gap.
These 44 newly-committed employers bring the total number to more than one hundred companies and organizations that collectively employ millions of Americans. The new commitments are from a diverse range of employers, including AT&T, eBay, The Estée Lauder Companies, InterContinental Hotels Group, Mastercard, Yahoo, Square and Zillow Group.
Equal Pay has been an Administration priority since President Obama signed the Lilly Ledbetter Fair Pay Act into law as his first piece of legislation. Policies that ensure fair pay for all Americans and that help businesses to attract the strongest talent can not only narrow the pay gap, but also boost productivity and benefit our economy.
Today, women make up nearly half of the U.S. labor force and more women than ever are the breadwinners in their families. More women are also working in positions and fields that have been traditionally occupied by men. Yet in 2015, the typical woman working full-time all year in the United States earned only 80 percent of what the typical man earned working full-time all year. The pay gap is even greater for African American and Latina women, with African American women earning 63 cents and Latina women earning 54 cents for every dollar earned by a white non-Hispanic man. The gender wage gap continues to be a very real and persistent problem that continues to shortchange American women and their families.
Employers for Pay Equity Business Consortium
This year on Women’s Equality Day, a group of White House Equal Pay Pledge employers formed an independent business consortium, Employers for Pay Equity—to help private industry players share best practices and develop better hiring, promotion, and pay policies. Today, Employers for Pay Equity is announcing a partnership with Simmons College to carry the consortium’s work forward. Simmons College will play a leading role in hosting the consortium to establish pay equity as a best business practice and a means to grow a more equitable workforce for all Americans.
These private sector companies and organizations share a commitment to equal pay and their pledges build on the Administration’s record of empowering women and girls.
By signing the Equal Pay Pledge, these employers are:
- Acknowledging the critical role businesses must play in reducing the national pay gap.
- Committing to conducting an annual company-wide gender pay analysis across occupations.
- Reviewing hiring and promotion processes and procedures to reduce unconscious bias and structural barriers.
- Embedding equal pay efforts into broader enterprise-wide equity initiatives.
- Pledging to take these steps as well as identify and promote other best practices that will close the national wage gap to ensure fundamental fairness for all workers.