Vermont Governor Phil Scott is asking legislators in his state to speed up equal pay legislation. The governor citing closing the wage gap would reduce Vermont's poverty rate by 57 percent, and add $1 billion to its economy. Joan Goldstein, Commissioner of the Vermont Department of Economic Development, and Lisa Groeneveld, Co-Owner of Logic Supply, explain how the state is recruiting more tech hubs to Vermont and working to close the gender pay gap.
"Our gap isn't as wide as some other states," explains Goldstsein. "Part of that is because of the transparency in many of the industries."
PC manufacturing company Logic Supply, which is based in Vermont, has a workforce made up of 30 percent women. "At Logic Supply we are working really aggressively to increase the female population of our workforce," says Groeneveld. "I'm really encouraged with the way Vermont thinks about helping businesses recruit and bring talented people into the state."
Working five days a week has long been the corporate cultural norm. But some companies are exploring the option of letting employees work four days a week.
After a two-year-long high, interest rates are coming back to earth. So what happens next? Plus: Boeing's woes, UAW may strike, and of course Elon's World.
PLUS: American Eagle marks 30 NYSE years with a record stock high. CMO Craig Brommers discusses Gen-Z trends and collabs with Coco Gauff and Trevor Lawrence.
