Massachusetts prioritizing pay equity, women’s economic and social well-being

Massachusetts prioritizing pay equity, women’s economic and social well-being

2024-03-05T10:24:59-05:00March 5th, 2024|Boston, Economy, Government|

Writer: Chérie Lynn Canada

2 min read March 2024 —In the ever-evolving landscape of gender equality and women’s empowerment, certain regions stand out as beacons of progress. Among them, Massachusetts shines brightly, emerging as a prime destination for women seeking professional fulfillment and advancement. 

Backed by WalletHub’s Best & Worst States for Women (2024) report, the state’s commitment to gender parity in the workplace is evident, as it ranked No. 1 on the list of Best States for Women.

On the local level, Boston Mayor Michelle Wu and the Boston Women’s Workforce Council (BWWC) are making strides for women. Over the last 10 years, the City of Boston and the BWWC have united in pursuing a critical goal: eliminating the gender and racial wage gap in Greater Boston. 

“By measuring the region’s pay discrepancies every two years, we not only keep wage equity top of mind for employers but also move closer to making Boston the number one city in the U.S. for working women,” wrote Mayor Wu in the BWWC’s 2023 Annual Report.

The latest data report which covered 17% of greater Boston’s workforce, or 165,475 employees, found a decrease in gender gap in base compensation, from 30 cents in 2021 to 21 cents in 2023. Creating awareness through the promotion of tools such as the Employer Wage Gap Calculator can help employers determine gaps within their organization.

This initiative is grounded in a first-in-the-nation approach that promotes equitable hiring and compensation while fostering the retention and advancement of women in all industries. The Mayor’s vision highlights the significance of narrowing the wage gap, especially as the modern workplace evolves, offering greater opportunities for gender equity to become an organizational goal.

According to WalletHub’s comprehensive study evaluating factors such as workplace environment, education, health care, and political representation, Massachusetts consistently ranks among the top states for women’s economic and social well-being. The report’s findings provide quantitative support for Massachusetts’ reputation as a leader in fostering an environment conducive to women’s success. With robust anti-discrimination laws, strong educational institutions, and a thriving economy, the state offers women numerous career growth and development opportunities.

Strong policies promoting women in leadership positions have also increased female representation in boardrooms and executive roles across various industries. This representation is highlighted by various organizations and clubs in Boston, including The Boston Club, dedicated to Advancing Women Leaders.

For more information, please visit:

https://thebwwc.org

https://www.boston.gov

https://www.thebostonclub.com

http://www.mawomenscaucus.com

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