It’s not everyday that a college president decides to take a $90,000 pay cut for the benefit of low-wage workers. Last week however, Raymond Burse, interim president of Kentucky State University, did just that. His decision sets a new precedent amongst presidents and CEOs to raise the bar on livable wages for employees.
Tag: paycheck parity
The Equal Pay Act outlawed employers from gender-discriminatory pay practices in 1963, but pay still isn't entirely equal. Now, legislation seeks to expand existing law to enact more protections against male-female pay disparities. Fed up, women are "leaning in" hard on this one, which means the Paycheck Fairness Act, twice rejected by Congress, might now stand a better chance of becoming law.