Also in this playlist...
This transcript is automatically generated
I think -- a brighter -- and be equal pay act.
Fifty years old already and on this anniversary President Obama commending the country's progress but warning there's still more work to be done.
Have a listen to his remarks in an event this morning.
Until equal pay it truly is a reality.
We're also here to recommit ourselves to the work that remains to be done.
Or fifty years ago today president Kennedy signed the equal pay act in the law right here in the White House.
He said it was basic to our democracy.
It's the idea that all of us are created equal and as I said in my inaugural address this year.
Our journey to equality is not complete until our wives our mothers our daughters.
Can earn a living equal to their efforts.
So our next guest -- -- of Maria is the CEO of Deloitte.
He was introduced by and was commended by the president before those remarks today for his innovative workplace and commitment to equal pay by the way to -- -- consistently is the best place to work by Working Mother Magazine.
So welcome to you.
How close would you say the US is to closing the income gap between men and women.
Well if you look at the data and has lots of data around that I'd say you know 80%.
8% much -- was fifty years ago but still a lot of work to do.
Well Joseph this Adam Shapiro here I'm just curious.
Do we pay too much attention to the gender situation should -- be talking about the fact that the demographic profile for employees.
Nationwide is changing in that we're gonna have rise -- Latino and African American employees.
Who in some cases face ceiling they would say as well should we be doing more maybe to help those people come in a management right.
Yeah -- all inclusive and for -- -- -- -- a great subject we actually call it inclusion and we call it you know ethnicity.
And gender and we deal with the diverse issues because clearly people of color have even greater challenges than just gender.
Interesting to -- -- you have policies in place.
Where you say you evaluate employees fairly and make sure no one is afraid of speaking up about this can get more.
Whether that person is a woman or someone of a minority background.
Does have a safe place to express his or her concerns.
Sure we have a couple of venues obviously the traditional ones where you would talk to.
A supervisor -- -- -- but the most important one is we have confidential hotline is managed by an outside organization.
That are completely anonymous.
And you can report any and all complaints about any action by the firm or any of its employees there.
And we have a pretty detailed process of chasing down every single one of those items what -- think more CEOs more companies are doing that.
Why don't know they're not doing it I think people are at different stages you know -- a people business we have 60000 professionals those -- our assets and so -- -- the top of the list dealing with our people is our number one priority.
So let me ask you other things that women can do to help themselves because there are people who say that actually having requirements the equal care apartment actually works against women.
But at the same time from your own background when you first joined I think it was Deloitte.
You've talked openly about how you had to have a -- a woman who's been their forty years who had to pull you aside and say this is the corporate culture this is how you rise up.
Yeah what's a great point it's a great question look.
Not everybody starts in the same place in life some people have early advantages some people have early disadvantages.
So the one thing people need is someone to follow that understands.
How they can catch up if -- behind.
Or how they can get equal if it's in fact on -- that's happened to me for my 35 years in the career and that's an important element of what needs to be done.
Interesting that this document pew research poll last week that got all kinds of conversations.
Going and that is the working mothers percentage rising to 40%.
Of working mother supporting households these days it -- that number increasing or decreasing job.
-- -- -- -- that number increases I mean there's no doubt in my mind and there will be win first of all women make up more of -- degrees today.
For their bachelor's master's -- doctoral degrees.
So by pure math that results -- increase there's no doubt in my mind.
-- -- I just curiosity we are -- about the demographic changes that are going to take the country by storm.
-- about the fact that baby boomers will begin retiring and that they're gonna have to be replaced and that the people who will be qualified -- the women who were working now on their way out what that is.
Naturally bring about the equality in pay and even management opportunities.
For these people.
Well the passage of time we'll certainly work things -- But if we allow it to take the pace of normal occurrences will we're gonna -- optimize the opportunity.
As though you're right passage of time demographic change work but something that can accelerate the change what we're trying to do.
All right thank -- closing how does it feel to be commended by the president of the United States.
Well -- say on behalf of all the people -- that's pretty cool pretty cool.
All right thank you so much for joining us -- -- -- area the CEO Deloitte.
Filter by section