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American capitalism needs equal-pay legislation. Canada is showing us how to make it work

Achieving the ideals of stakeholder capitalism requires a comprehensive restructuring of “the way things are.” Take, for instance, how companies value their employees—it’s not equitably. Must we repeat the tired fact that women earn only 82 cents for every dollar white men earn? And that for women of color, the pay gap is even worse, with Black women earning 62 cents and Latinas earning 54 cents on the white male dollar?

Doing right by all stakeholders means paying workers equitable wages. And that means business leaders must hardwire equity and inclusion into the value systems they use to determine employee pay. While this change won’t happen overnight, pay equity legislation can expedite the path forward. In turn, businesses can look forward to reaping the benefits of a more diverse, equitable, and inclusive workforce, and our economy can look forward to an accelerated recovery.

That’s why the U.S. needs to follow in the footsteps of countries such as Iceland, France, and Canada and adopt decisive pay equity legislation. We need infrastructure to bridge the gap between good intentions and tangible progress. Read more via Fortune

Pemo Theodore

Pemo Theodore is a Media Publisher and a great people connector. She was Founder Silicon Valley TV which has served the San Francisco Bay Area for 10 years! She has produced Silicon Valley Events for Investors & Startups for 10 years. Pemo loves to video interview venture capitalists & founders to engage the human behind the success stories.. She has been Executive Producer of FinTech Silicon Valley for 6 years, organizing twice monthly FinTech talks & panels in San Francisco & Palo Alto and audio podcasts. She believes in learning through a great discussion with experts in the domains. Pemo has a talent to bring the right people together and is an incredible networker. Pemo's events have been seen as supporting Venture Capitalists & Angels in sourcing great deal flow from startups who attend her events. Many founders have received funding through meeting investors at her events. Her favored medium is audio & visual media and she has built up a great body of work of videos of panels & interviews and podcasts in Silicon Valley startup ecosystem. She has lived & worked in Canada, Australia, New Zealand, Ireland, London, Northern Ireland & Silicon Valley. Bio

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