EOWA Business Case for Pay Equity Enhance triple bottom line reporting

Organisations are increasingly focusing on their triple bottom line, concerned not only with their economic performance but also with their performance in relation to social responsibilities and the environment.

The World Business Council for Sustainable Development defines Corporate Social Responsibility as follows:

"Corporate social responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as the local community and society at large".

Pay equity contributes to how an organisation’s ethical behaviour is viewed. Not only does it undoubtedly enhance reputation and loyalty both internally and from the perspective of external stakeholders and customers, building brand loyalty in the process, it also improves the quality of the workforce and their families, the local community and society.

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