Women of color are burned out and dissatisfied with their company’s DEI initiatives
The road to pay equality is a long one, especially for women of color. On Black Women’s Equal Pay Day, the spotlight blares even brighter on the work that needs to be done.
According to Fairygodboss, a career community centered around empowering women, Black women have to work an additional eight months to earn what their white male counterparts earned last year. Black female employees make $0.63 to every dollar white males make.
The disparity in pay is so large that 1 in 3 employed women of color plan to find alternate employment by the end of 2021, says Romy Newman, president and co-founder of Fairygodboss. These employees are eager for better wages and more flexible work schedules: 50% of Black women surveyed said that a pay raise would get them to stay, and 30% wanted more PTO and flexible work time.