Large Companies Sign Pledge to Reduce Gender Pay Gap

By Ben Penn, Bloomberg BNA

Some of America’s largest employers, including Apple, Target and Coca-Cola, are committing to help reduce the gender wage gap, the White House announced.

Twenty-nine companies signed an “equal pay pledge,” joining 28 initial signatories to an initiative launched in June, the White House said Aug. 26.

In a White House fact sheet, participating businesses describe the steps they’ve taken to address the gender wage difference. For instance, Target said it trains leaders to make decisions without bias or stereotyping.

The White House says full-time women workers earn 79 percent of what comparable men receive.

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