Prioritizing Pay Equity
By Carolyn Rhodes, Senior Associate. Prioritizing pay equity may seem like an additional task for nonprofit leaders and board members to tackle, but it can have significant benefits for both the organization and society. By promoting diversity, equity, and inclusion, nonprofit leaders can create a positive impact on their employees, stakeholders, and the community they serve. Pay equity ensures that all employees are compensated fairly and equally, regardless of their position within the organization, gender, race, age, or ethnicity. Prioritizing pay equity can foster a diverse, equitable, and inclusive workplace, which can attract and retain talent, improve employee morale, and advance the organization's mission. Additionally, pay equity is a critical component of social justice, promoting equality and fairness in society. To ensure pay equity, nonprofit leaders and board members can take the following steps: Establish clear and [...]