Despite Pay Transparency, Women Face 134 Years to Wage Parity, Earning 83 Cents per Dollar

83

Despite pay transparency efforts, women are still 134 years away from reaching wage parity with men, according to JPMorgan Chase. On Equal Pay Day, reports show women earn just 83 cents for every dollar men make. While only 19% of U.S. employers have a pay transparency strategy, 63% plan to implement one, per Mercer. Progress is slow, but some states and companies are making strides toward greater pay equity.

6

Employers take nearly six weeks to hire a new employee, with a global median hiring time of 38 days, according to SmartRecruiters. With 73 applicants per role but only three getting interviewed, AI is reshaping recruitment, helping companies hire 26% faster. Businesses using AI improve efficiency, reduce costs, and enhance candidate sourcing, making hiring six times more effective. As AI adoption grows, companies must ensure fairness and diversity in recruitment.

73%

According to Deloitte's 2025 Global Human Capital Trends report, as the future of work evolves, leaders face challenges with talent, management, and AI integration. Many new hires lack experience, middle managers feel unprepared, and AI-driven job changes demand adaptation. While 73% of companies recognize the need to reinvent managerial roles, only 7% are progressing. A strong employee value proposition (EVP) can help organizations attract and retain talent, but only 22% have one in place.

50%

As per Indeed’s Hiring Lab, job applications from federal workers surged, especially in agencies under review, with a 50% rise in February. While federal job openings declined by 10,000, displaced workers are seeking knowledge-based roles, impacting an already cooling labor market. Nearly 70% of active federal job seekers have at least a bachelor’s degree, making them attractive to understaffed state and local agencies. Employee confidence also hit a new low, with concerns over economic uncertainty, job security, and burnout, Glassdoor reported.

25000

Dell Technologies has cut 25,000 jobs over two years, reducing its workforce by 19% to 108,000 employees as part of cost-cutting efforts. The company also introduced strict return-to-office mandates, requiring employees to work onsite within 90 minutes, sparking discontent. Despite revenue growth, Dell’s stock has fallen 15% in 2025, and CEO Michael Dell’s net worth has dropped by $16.6 billion. The company remains committed to DEI initiatives, emphasizing diversity as a driver of innovation.

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