The effort aims to help close gender and racial pay gaps
Rapid7 is proud to announce their signing of the 100% Talent Compact through the Boston Women’s Workforce Council (BWWC). The Talent Compact is a collective effort among the Boston Mayor and local employers to close the gender and racial wage gaps in Greater Boston. Compact Signers are actively committed to examining their salary data, contributing that data anonymously to the BWWC’s biennial wage-gap measurement, and participating in quarterly briefing sessions.
As an organization, the BWWC works alongside the City of Boston’s Mayor as well as local employers. Their programs and initiatives reflect their core beliefs surrounding the positive impact women have on businesses and communities, the importance of addressing gender and racial pay inequities, and the systemic impact gender and racial pay disparities can have in Greater Boston.
As stated by Christina Luconi, Chief People Officer, “At Rapid7, we are committed to fostering an environment where all of our people are doing impactful work in a way that is meaningful to them. Ensuring that we have equitable salary practices is just one way we can ensure everyone has the opportunity to thrive in their career.”
In the United States, women earn 84 cents for every dollar earned by a man. In Boston, data collected by participants of the Talent Compact shows consistency with this number, with a wage gap of $0.21 for women and a gap of $0.27 for employees of color.
According to Lauren Noonan, Engagement Manager with the BWWC, “These numbers are disappointing to see, but measuring this data and understanding the work that needs to be done is the first critical step to creating necessary change. The companies that have signed on to ..
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