The gender wage gap continues to persist in the U.S; the average American woman earned 82% of what her male counterparts earned in 2017.
Reflecting on this, Audra Jenkins, Randstad US chief diversity and inclusion officer, shares her expertise on why the wage gap seems stagnant, as well as other challenges faced by women in the workplace. For example, did you know that only 20% of C-suite roles are held by women and only 3% by women of color?
Companies interested in helping women leaders overcome these obstacles have an opportunity to support their initiatives with HR technologies that are designed to facilitate a more objective hiring process. These range from artificial intelligence (AI) applications that guard against unconscious bias, to cloud-based platforms that expand available candidate pools, among others.
Of course, Jenkins reminds us that technology is just part of the picture. Companies must also demonstrate an authentic commitment to inclusion and equality in order to attract top female talent, particularly in leadership roles. The importance of doing so can be quantified, as new research shows that companies with the most diverse executive boards make 53% higher returns on equity.
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