Rent the Runway begins offering equal benefits for salaried & hourly employees
Commentary: Treating workers fairly at Rent the Runway
I am ashamed to say that until recently I was part of the majority: I am the chief executive of a company that gave different benefits to different groups of employees... Our salaried employees — who typically came from relatively privileged, educated backgrounds — were given generous parental leave, paid sick leave and the flexibility to work from home, or even abroad. Our hourly employees, working in Rent the Runway’s warehouse, on the customer service team and in our retail stores, had to face life events like caring for a newborn, grieving after the death of a family member or taking care of a critically ill loved one without this same level of benefits. I had inadvertently created classes of employees — and by doing so, had done my part to contribute to America’s inequality problem... Last month, I equalized benefits for all of our employees at Rent the Runway... It’s time for business leaders to step up and fulfill not only their fiduciary duty to shareholders, but also their moral duty to society to treat every worker equally.