The Events of 2020 Highlighted How Much Inequality Still Exists In Society: Lath

The Events of 2020 Highlighted How Much Inequality Still Exists In Society: Lath

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Expensify has pledged $3 million annually to fight social injustice by donating $0.25 for every dollar paid to white male employees. This initiative, inspired by 2020 events like COVID-19 and the Black Lives Matter movement, aims to address systemic bias and the gender pay gap. Expensify.org, the nonprofit arm, uses direct reimbursement technology to fund community-led campaigns. The company fosters a democratic, values-based culture, encouraging employee involvement in societal issues. Expensify's commitment to its nonprofit work is a permanent feature, even as it considers going public.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the amount pledged by Expensify to fight social injustice?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Expensify plan to deploy the funds raised for fighting injustice?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do employees play in deciding which campaigns receive funding?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What feedback did employees provide regarding their involvement in social justice initiatives?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company view its commitment to social justice in relation to its business model?

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