The gender pay gap will remain until companies change their ways
By Natasha Lamb and Jennifer Klein for CNN Business Perspectives, September 17, 2019
Editor’s Note: Natasha Lamb is managing partner and co-founder of Arjuna Capital, an impact-investing firm. Jennifer Klein is the chief strategy and policy officer at TIME’S UP, a nonprofit organization that fights gender inequality at work. The opinions expressed in this commentary are their own.
The US Women’s National Soccer Team has ignited a fire and jumpstarted a powerful new movement for gender pay equity worldwide. Fresh off earning their fourth world championship, the team has turned their attention to a fight at home: the fight for pay equity. And it’s personal. Despite their winning record and ability to generate tons of revenue for US soccer, the women’s team players make a fraction of the income paid to the male players. But it’s going to take a ground game to get the results needed — and not just for athletes and celebrities, but for all women. That’s why leading US companies must be called to account.
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