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More From This Show 0:00 / 0:00 0% played Race and Economy If a company is serious about racial pay equity, what should it do? Marielle Segarra Jun 9, 2020 Heard on: Listen Now Share Now on: Facebook Twitter LinkedIn Email https://www.marketplace.org/2020/06/09/if-a-company-is-serious-about-racial-pay-equity-what-should-it-do/ COPY THE LINK HTML EMBED: COPY Companies can take steps to close the racial pay gap, starting with collecting the data. PeopleImages Race and Economy If a company is serious about racial pay equity, what should it do? Marielle Segarra Jun 9, 2020 Heard on: Companies can take steps to close the racial pay gap, starting with collecting the data. PeopleImages Listen Now Share Now on: Facebook Twitter LinkedIn Email https://www.marketplace.org/2020/06/09/if-a-company-is-serious-about-racial-pay-equity-what-should-it-do/ COPY THE LINK HTML EMBED: COPY Hosted by Kai Ryssdal Get the Podcast Get the Podcast Apple Spotify Amazon Music Stitcher RSS The editor-in-chief of Bon Appétit magazine, Adam Rapoport, has resigned after a photo resurfaced of him dressed up as a caricature of a Puerto Rican man, wearing a chain around his neck, a do-rag on his head and a Yankees baseball jersey. His wife tagged the photo “boricua,” a term Puerto Ricans often use to identify themselves. Also, staffers accused Bon Appetit of underpaying people of color. Condé Nast, the magazine’s parent company, said on Twitter that it goes to “great lengths to ensure that employees are paid fairly, in accordance with their roles and experience, across the entire company.&＃8221; Moving beyond Bon Appétit, if a company is serious about racial and ethnic pay equity, what concrete steps should it be taking? The first part is pretty basic. It’s hard to fix what you don’t measure. Companies can start by collecting the data. Adia Harvey Wingfield teaches sociology at Washington University in St. Louis. &＃8220;You&＃8217;ll see many researchers say that if companies really want to address diversity and inclusion, set hard targets, set specific goals, treat this as you would any other metric in a company,&＃8221; Harvey Wingfield said. You can measure the pay gap in different ways. You could do an average of the salaries of all employees, broken down by race and ethnicity. Or go position by position. Marketing manager level three — what is everybody making?   Kellie McElhaney, who directs the Center for Equity, Gender, and Leadership at the University of California, Berkeley, said companies should also publish their data.   &＃8220;Pain is the fastest driver,&＃8221; McElhaney said. &＃8220;We know that there is not gender or racial pay equity, period. We know that. So let&＃8217;s just not hide behind the numbers. Let&＃8217;s get them out there.&＃8221; She said companies should make a public commitment to pay equity and hold managers accountable for it. ​&＃8221;If Mary in this organization has a 2% pay gap and Mark in this business unit has a 12% pay gap, then Mark&＃8217;s comp has got to be tied to: Are you achieving the goal that we have set for us as a company? If it&＃8217;s not, he&＃8217;s got to feel it,&＃8221; she said.​ Katherine Giscombe, who runs the research and consulting firm Giscombe and Associates, said companies should set clear, objective criteria for where an employee falls in the salary range for a position, because too often bias creeps in. &＃8220;If it&＃8217;s, well, I just see this person as being at the upper level of the scale. I really like this guy. He reminds me of my family. I mean, obviously, people wouldn&＃8217;t literally say something like that. But that could be the basis for their biased recommendation that someone get a higher level of pay,&＃8221; Giscombe said. And she recommends changing the performance review process so employees are evaluated by multiple colleagues of various ethnic and racial backgrounds when they’re going for a raise or promotion. Stories You Might Like Bon Appétit editor-in-chief resigns after brownface photo resurfaces Bon Appétit, with a new editor-in-chief, sets out to change how we think about food Alison Roman gives some food for thought on writing a cookbook Disney faces pay-secrecy complaint in lawsuit Bon Appétit on making the perfect Thanksgiving dinner Real diversity or &＃8220;racial outsourcing&＃8221;? There’s a lot happening in the world.  Through it all, Marketplace is here for you.  You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.  Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.   Also Included in Race and EconomyTags in this StoryPay equityPay gapRacial pay equity Share this Story Latest Episodes From Our Shows 4:26 AM PDT 8:07 3:03 AM PDT 13:22 6:48 PM PDT 11:41 4:04 PM PDT 27:39 2:11 PM PDT 1:05 Jun 20, 2024 2:26 Jun 7, 2024 2:00 Read More A drop in bond yields could signal a long-awaited break for would-be homebuyers Read More The Treasury Department and IRS announce new plan to close tax loophole Read More From "gay neighborhoods" to "gay regions," how LGBTQ community spaces are changing Read More A Warmer World Heat waves are a drain on the economy. And they&＃039;re getting worse. Donate About Us Staff Careers Support Marketplace For Individuals For Foundations For Corporate Sponsors Contact Us Facebook Instagram Youtube TikTok Subscribe to Marketplace Newsletters: Newsletters Talk to Us Donate Marketplace Shop © 2024 Minnesota Public Radio. 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