USNWT star and equal pay champion Megan Rapinoe joins forces with Trusaic to close gender and racial pay gaps this decade
LOS ANGELES–(BUSINESS WIRE). Together, Trusaic and Rapinoe aim to accelerate equal pay organizational action and challenge the world’s employers to close the pay gap in the next decade. Rapinoe joins Trusaic’s newly launched “E-Suite,” a reinterpretation of the C-Suite that recognizes the critical role leadership plays in making equality in the workplace a reality.
Rapinoe is recognized for her successful professional career on the football field and her activism off it. Last year, on Equal Pay Day, Rapinoe addressed the gender pay gap in a moving testimony before Congress. In February, after a protracted legal battle led by Rapinoe, the United States women’s national soccer team (USNWT) reached a historic equal pay agreement with the US Soccer Association that included $22 million in back payments for players and a promise of equal pay after in front.
“US Women’s Soccer‘s victory was an important moment for the team and an important moment in the equal pay movement. But it’s far from enough. We must ensure fairness and opportunity for all working women, including those unable to speak up,” Rapinoe said. “What’s exciting about my partnership with Trusaic, and the reason I was drawn to work with Trusaic, is that we have a very straightforward solution that can help companies address the problem now, today.”
Despite the passage of the Equal Pay Act of 1963, women still make an average of just 82 cents for every dollar a man makes, according to 2020 data from the Bureau of Labor Statistics. The pay gap for black women is even worse. The consequences of the wage gap haunt women throughout their working lives in the form of lower lifetime earnings and consequently lower overall earnings in retirement. At its current pace, the global gender pay gap will take more than 136 years to close, according to the World Economic Forum.
“Employers can change the pace of change, they just need a better blueprint,” says Rapinoe. “Trusaic’s PayParitySM helps organizations identify their gaps, review their wage practices and take concrete steps to create real, actionable and lasting change.”
Rapinoe will advocate for people affected by gender and racial pay inequality and use her voice and influence to accelerate change in the workplace. The strategic partnership includes initiatives designed to guide companies into the future, as well as financial contributions to non-profit organizations that promote equality.
“We are at a historic moment for pay equity and Megan is a key figure in this moment,” said Robert Sheen, founder and CEO of Trusaic. “We have the means to close the pay gap over the next decade if we commit to action together. This is complex territory for employers, but it doesn’t have to be. We hope that with Megan’s support, we can help employers ensure opportunities for all members of their workforce.”
Sheen, who is Asian American and immigrated to the United States from South Korea as a child, shares Rapinoe’s passion for making change: “My early experiences of discrimination led me to my work today and my belief in achieving diversity, equity and inclusion that respects ours Fundamental right to health, safety and dignity.”
PayParity by TrusaicSM Platform helps companies create more diverse, equitable and inclusive workplaces. PayParity includes equal pay testing to identify and eliminate pay gaps at the intersections of gender, race/ethnicity, age and disability; systemic cause determination and Equal Pay EstimatorTM, thereby preventing wage inequality from arising in the first place. The professional services and software solution facilitates employer transparency and uncovers insights critical to organizations in their pursuit of DEI excellence.
Trusaic is a leading people and technology company focused on empowering social wellbeing in the workplace and solving the most complex people, data and analytics challenges. Trusaic’s mission is to create a better world of work by helping organizations achieve equal pay, fostering a more diverse and inclusive workforce, helping the economically disadvantaged find work, and ensuring employees have access to affordable health care.