I'm pretty skeptical of the idea that pay inequality can be solved by simply having the owner talk to the union and toss money at the problem. Have any large organizations been able to close their pay gaps this way?
I mean, call me stupid, but paying the women and minorities more money seems like a pretty effective way of making sure the women and minorities aren't underpaid.
I don't think the article is suggesting that the billionaire owner should intervene directly with a donation. But rather the billionaire owner should accept 200k p/a drop in revenue from WashPo to clear the gap, the resulting hit in reporting would affect his net worth, but only by a minuscule amount.
Right, that's the framing that I don't understand. I'm pretty confident that the cause of pay inequality at the Washington Post isn't people explicitly saying "well, we could pay women and minorities fairly, but we won't do it because Jeff Bezos wants higher profits".