The Commercial Real Estate Women (CREW) Network is the industry’s premier business networking organization dedicated to transforming the commercial real estate industry by advancing women globally. HOM’s Executive Director, Jennifer Litwak, serves on the Network’s Industry Research Committee which recently released its 2018 white paper, Achieving Pay Parity in Commercial Real Estate. The paper presents expert insight, data, best practices and action items for company leadership, human resources, and women professionals to close the gender pay gap. CREW’s most recent data found a 23.3% gender pay gap among industry professionals. The publication also explores why the pay gap continues to exist and what’s on the horizon for equal-pay-for-equal-work legislation globally. Recent social movements have heightened society-wide awareness about negative treatment and pay disparities that women are facing in the workplace. Like other industries, commercial real estate is now under greater pressure to address these issues as companies strive to meet equality, diversity and inclusion goals.
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