Wage equality refers to the principle that individuals should receive equal pay for equal work, regardless of their gender, race, or other characteristics. This concept aims to eliminate pay disparities that can arise from discrimination or bias, ensuring that everyone is compensated fairly for their contributions in the workplace.
Achieving wage equality involves implementing policies and practices that promote transparency in salary structures and encourage organizations to regularly assess their pay practices. Efforts to address wage inequality often include initiatives like the Equal Pay Act and various advocacy campaigns aimed at raising awareness and promoting fair compensation for all workers.