By Anora M. Guadiano

1. Equalize pay between men and women and workers who are from minority backgrounds. This will reduce employee turnover and improve retention of talented workers.

According to the Institute for Women’s Policy Research, women are paid 20% less than their male counterparts.

“Equalizing pay isn’t only the right thing to do, but it would improve retention of female employees and give them a higher chance in advancing into managerial positions,” said Powell.

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