05/12/2015 11:20 am ET Updated May 12, 2015

Small Business Expert Says Transparency Is The First Step To Closing The Gaping Gender Pay Gap

It's no secret that full-time working women trail their male counterparts in average annual earnings. According to the White House, women make just 77 percent of what men earn -- a dismal statistic that small business expert Ellen Rohr hopes to change by pushing for more transparent payment practices in the workplace.

As she told HuffPost Live host Caroline Modarressy-Tehrani, shedding light on employee salaries could be the first step to closing the gender pay gap.

"I'm convinced that if everybody posted what every job pays at your company, at the companies that you work for, we're going to eliminate that [gap]," she said. "And as long as paychecks are delivered in this super secret way, and we don't talk about it, the wage gap is going to continue. So, open book, transparent financial management is the way I am promoting solving that problem."

Rohr also had a few words of advice for those deal with workplace discrimination due to their race or gender: Start your own business.

"One of the best things about [having] a business of your own is that you get to impact change. No matter how small your business is, you're creating peace prosperity and sanity with every good decision you make as a business owner.

Watch the full HuffPost Live interview with small business owners here.

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Jobs With Enormous Gender Pay Gaps