EconEquity Initiative

EconEquity Initiative

In May of 2014, YWCA Alaska’s Board of Directors passed an expansive resolution to eliminate the gender pay gap in Alaska by 2025.

The Econ Equity Initiative works to transform Alaska’s workplaces to not only guarantee women are paid equally to men, but to also ensure women are provided opportunities to participate in the workforce at all levels.

Currently, more than $1.6 billion is left out of the Alaskan economy every year due to the gender pay gap. Families, businesses, and the economy suffer as a result. Gender pay inequity is an increasingly critical issue as women play a growing role in their families’ economic security.The gender pay gap has only closed 7 cents in Alaska since 1990.If we do nothing, at this rate women and men will not be paid equally in Alaska until the year 2142, making your great, great, great granddaughters the first generation of Alaskan women receiving equal pay.

YWCA Alaska’s Gender Pay Gap Initiative will work to transform Alaska’s workplaces to not only guarantee women are paid equally to men, but to also ensure women are provided more and better opportunities to participate in the workforce at all levels.

 

The Initiative uses a groundbreaking three element approach:

 

1. Focusing on the economic impact of the gap rather than the social injustice of unequal pay.

2. Intentionally avoiding legislation or political routes as the main solutions to the problem

3.Implementing a 2-pronged approach focused on changing the economic, educational, and social dynamics that contribute to the gender pay gap.

  • Working directly with businesses and organizations to create gender balanced workplaces.
  • Furthering the education of women and girls on issues related to career choice and salary negotiation.

YWCA Alaska believes these are the necessary steps towards effectively changing the current rates.

EconEquity Champions:

Several businesses and individuals in the community have signed up to help fund this work. See the most current list:

EconEquity Champions List

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