BABSON PRESIDENT KERRY HEALEY AMONG FOUNDING MEMBERS OF TREASURER'S NEW STATEWIDE ADVISORY COMMITTEE ON WAGE EQUALITY
Treasurer Deborah B. Goldberg has announced a new statewide, public-private sector advisory committee on wage equality, which will bring together best practices from across the state to develop innovative strategies to address the Commonwealth’s wage gap.
Babson College President Kerry Healey is among the founding members of the Advisory Committee alongside Congresswoman Katherine Clark, Dr. Jeffrey Leiden, Cathy Minehan, and Steve Tolman.
"The Massachusetts economy is at its strongest and most diverse when we make the commitment to using and rewarding all of our available talent by ensuring that a level playing field exists for women in the workplace," said President Healey.
“Pay equity is not a partisan issue, nor solely a women’s issue. It is a family issue, and it affects the economic health and well-being of our entire state,” said Treasurer Goldberg. “This committee will develop concrete strategies and highlight best practices from both the private and public sectors so that the Commonwealth can address this critical economic issue and lead the nation in implementing wage equality initiatives.”
Boston Mayor Martin J. Walsh, a leader on wage equity through his Women’s Workforce Council, will serve as the honorary chair of the committee, and former Lt. Governor Evelyn Murphy, a national expert on implementing wage equality practices and author of Getting Even: Why Women Don't Get Paid Like Men & What to Do About It, will serve as a senior advisor.
“We need to stop talking about wage equality and take action. I am proud of the work my office is doing to close the wage gap and excited to support Treasurer Goldberg and her efforts to bring together stakeholders to identify ways to make lasting strides on this important issue," said Mayor Walsh. "Closing the wage gap is not just simply about increasing women's salaries, it is complex, and must be tackled for women, and for families. This is government leading by example, working to change the culture around women’s pay, and moving the conversation forward.”
In creating the Advisory Committee on Wage Equality, Treasurer Goldberg announced five central goals to address the state’s wage gap, where today women in Massachusetts earn just 82 cents on the dollar, African-American women earn 61 cents, and Latina woman earn just 50 cents:
- Provide government agencies with tools to review their pay structure, putting a clear focus on pay equity in every hiring decision and salary offer
- Develop a wage equality tool kit for businesses who want to enact equal pay
- Plan a statewide conference for April 2016, that will bring policymakers, businesses, and organizations together to share best practices to close the wage gap
- Organize regional roundtables across the state to get input from businesses on how to make a public-private partnership work
- And launch a state-run equal pay website, which will serve as a one stop shop for employers and employees. The website will include the wage equality tool kit, a salary calculator, facts about the wage gap, and a pay equity FAQ page.
Learn more about the initiative »
Join the conversation by using the hashtag #EqualPayMA »
Members of the Treasurer’s Advisory Committee on Wage Equality
- Dr. Kerry Healey, President, Babson College
- Elizabeth Barajas-Roman, Chief Executive Officer, Women’s Fund of Massachusetts
- Congresswoman Katherine Clark
- Catherine D’Amato, Greater Boston Food Bank
- Carol Fulp, President and CEO, The Partnership
- Gloria Cordes Larson, President, Bentley College
- Dr. Jeffrey Leiden, Chairman, President, and CEO, Vertex Pharmaceuticals
- Cathy Minehan, Dean, Simmons School of Management
- J. Keith Motley, Chancellor, UMass Boston
- Joyce A. Murphy, EV Chancellor, Commonwealth Medicine
- James Roosevelt Jr., Chief Executive Officer, Tufts Health Plan
- Henry Thomas III, President and CEO, Urban League of Springfield, INC
- Steven A. Tolman, President, Massachusetts AFL-CIO
- Reverend Liz Walker
- Kate Walsh, President and CEO, Boston Medical Center
- Beth Williams, President and CEO, Roxbury Technology, LLC
About Babson College
Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds®. The College is a dynamic living and learning laboratory, where students, faculty, and staff work together to address the real-world problems of business and society—while at the same time evolving our methods and advancing our programs. We shape the leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to create economic and social value. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action® as the most positive force on the planet for generating sustainable economic and social value.