We frequently hear that women won’t achieve equal pay until 2068, according to local experts such as the Women’s Law Project , but why is that? The answer isn’t simple, and neither is the solution. Many interconnected factors drive the gender pay gap. There’s no one-size-fits-all approach to solving it. But that doesn’t mean that companies can’t act now to make progress.

Addressing the gender pay gap requires a multi-step approach: Companies must first commit to salary benchmarking. Employees and their allies must advocate for themselves and demand transparency. Lawmakers, mostly at the state level, must enact policy. And then there are the structural issues, which The Forum of Executive Women explored extensively in our recent Pay Equity Report . To understand pay equity, we must a

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