As of 2019, salary history bans have been enacted by 17 states and Puerto Rico with the stated purpose of reducing the gender pay gap. We argue that salary history bans may negatively affect wages as employers lose an informative signal of worker productivity. We empirically evaluate these laws using a large panel dataset of disaggregated wages covering all public sector employees in 36 states and find, on average, salary history bans lead to a 3% decrease in new hire wages. We find no decrease in the gender pay gap in the full sample and a modest 1.5% increase in the relative wages of women, as compared to men, among new hires most likely to have experienced gender discrimination historically.
Join UNC and OHUB for an evening of fun, connection and learning. If you have been reading about the full DEI Solutions (DEIS) Certificate Program and are curious about whether it’s right for you, this is an event you won’t want to miss! Hear from top leaders who are skilled at incorporating DEI solutions in their companies and learn about a helpful framework to support those efforts.
While the COVID-19 pandemic was devastating for many, research shows its impact was not felt equally. Black Americans experienced disproportionate health and economic ramifications, which compounded the financial, social and psychological strain many felt pre-pandemic, and have contributed to growing inter-generational wealth disparities. In today’s Kenan Insight, our experts explore whether the multi-trillion dollar “Build Back Better” plan proposed by the Biden administration holds the potential to begin closing pervasive gaps in American society.
Entrepreneurs from diverse backgrounds face a variety of challenges in accessing resources, expertise and funding. Hear experts from our 2021 Frontiers of Entrepreneurship Conference discuss persistent issues and promising solutions for creating vibrant entrepreneurial ecosystems.
UNC Kenan-Flagler Professor of Finance Paige Ouimet was recently interviewed by The Atlantic on the ramifications of a 2019 Colorado labor law requiring all companies to include salary details in job postings. The law, which was intended to ensure women and underrepresented minorities don’t lowball themselves when negotiating salaries, has been met with a surprising amount of resistance from business – with a number of top U.S. companies now hiring remote workers everywhere but Colorado.
Much has been written about the disproportionate number of women who have suffered pandemic-related job losses during COVID-19, but a related consequence has not been as well explored: the serious disruption of women’s careers, particularly in fields in which “path dependence” matters for success. In this Kenan Insight, we examine this more subtle asymmetry in the pandemic’s impact as indicative of far broader issues for women’s advancement in the workplace.
On Thursday, April 8, Hershey Company Chairman of the Board, President and CEO Michele Buck joined UNC Kenan-Flagler Business School Dean Doug Shackelford for an exclusive virtual discussion. Buck discussed the challenges and opportunities of leading one of America's most-loved brands along with the effects of the COVID19 pandemic on the food industry and barriers to leadership facing women today.
Please join us for an exclusive conversation with Hershey's Chairman of the Board, President and CEO Michele Buck on Wednesday, April 8. This virtual experience is part of the Dean’s Speaker Series, hosted by UNC Kenan-Flagler Business School Dean Doug Shackelford.
A recent TechCrunch article describes the new collaboration between the Kenan Institute-affiliated Entrepreneurship Center, Duke University, Stanford University and others to grow and support founder diversity in the tech industry.
Most organizational leaders have come to recognize that hiring and retaining a diverse workforce is a business imperative. But many struggle to achieve their diversity goals. In this Kenan Insight, we explore how organizations can measure their “organizational equity” — that is, their internal distribution of power and resources — and build a diverse workforce that leads to greater organizational success.
The nursing profession in the United States was experiencing a labor shortage and facing diversity and inclusion challenges prior to the COVID-19 pandemic. Magnifying these problems was a shift in the nation’s population, both geographically and demographically. The result was changes in both where nurses are needed in the healthcare system and the nursing skill set required to address healthcare needs of a far more diverse clientele of patients—in terms of race, ethnicity, sex, gender identity, age, living arrangements, socioeconomic status and primary language.
Workplaces are under pressure to be more inclusive due to public demands and rapidly changing demographics in the U.S. workforce. These commitments to diversity, equity and inclusion (DEI) aren't just moral, they're crucial to business prosperity. In this Kenan Insight, we explore strategies for startups to employ and explain why starting early is key to success.