Why Citigroup Came Out on Top of Arjuna Capital's Gender Pay Scorecard

The video discusses Citigroup's pioneering move to disclose its median gender and racial pay gaps, setting a new standard for transparency. It compares these median figures to adjusted equal pay numbers, highlighting significant gaps. The video also examines regulatory efforts and company responses, noting that many companies still fail to disclose comprehensive data. The impact of reporting on narrowing pay gaps and improving company performance is also explored, despite some skepticism about the existence of pay gaps.

What new criteria was added to the ranking of companies regarding pay gaps?

What impact does reporting pay data to the government have on companies' gender pay gaps?