As we commemorate International Equal Pay Day, it's essential to reflect on the work that still lies ahead in achieving pay equity. Our research highlights that the perception of fair pay among women is 5% lower than their male counterparts. This disparity points to the critical need for organizations to not only implement fair compensation policies but to also foster an environment where employees feel valued and recognized for their contributions.
We, at Giottus, believe in the concept of treating all our employees – present and prospective – equally and without any bias.
This aligns with the celebration of International Equal Pay Day which aims to back equal pay for work on equal value. We go beyond this in our approach. More than 40% of our employees are women and they enjoy special benefits including an extra day off monthly.
Indian women are enrolling for higher education on par with men. We have an abundant ecosystem in India that can be developed with a right security net. As an entrepreneur, I encourage all Indian businesses to treat their women employees equally. We should value them and gain from their expertise.