Definition, Meaning & Synonyms
pay-disparity
noun
/peɪ dɪˈspær.ə.ti/
Definition
The difference in pay between different groups of employees, often based on factors such as gender, race, or job position.
Examples
- Many organizations are taking steps to address pay disparity to promote equality within their workforce.
- The report revealed a significant pay disparity between male and female employees in similar positions.
- Efforts to eliminate pay disparity can lead to higher employee satisfaction and retention.
Meaning
Pay disparity highlights inequalities in compensation that can arise in the workplace, affecting fairness and morale among employees.
Synonyms
- wage gap
- salary inequality
- compensation difference
