Women of color have work to do when it comes to salary negotiations.
By not engaging in pay discussions at the beginning of their careers, women can lose over $1 million in lifetime earnings. Research indicates underrepresented groups are less likely to negotiate their salaries because of biases and discrimination.
Experts say pay transparency laws can effectively shrink the racial and gender pay gap by increasing women’s salaries. As we celebrate International Equal Pay Day on September 18, Fair360, formerly DiversityInc explores the game-changing laws — where they have been implemented, what companies have done and are doing to shrink the gap and how women of color can control their pay outcomes.