Kicking goals

Facebook and Microsoft achieve pay equality

Sheryl Sandberg, Chief Operating Officer of Facebook. (REUTERS/Ruben Sprich)

Just in time for today’s Equal Pay Day, Facebook announced that they were able to achieve full gender pay equity among their employees, with Lori Matloff Goler, VP of people at Facebook writing in a post: “We regularly review our compensation practices to ensure pay equity, and have done so for many years. We complete thorough statistical analyses to compare the compensation of men and women performing similar work. I’m proud to share that at Facebook, men and women earn the same.”

On the same day, Microsoft announced they had practically eliminated the pay gap, with women at the company earning 99.8 cents on the dollar for every male colleague (compared to 78 cents, the national average.) “These numbers reflect our commitment to equal pay for equal work, and I’m encouraged by these results,” Kathleen Hogan, executive VP of human resources at Microsoft wrote in a blog. “Our announcement today is another step forward along the path of greater diversity and inclusion progress at Microsoft, and in society as a whole.” While the tech industry continues to struggle in terms of achieving gender diversity, several major tech firms have made concerted efforts to reach pay parity: both Intel and Apple announced earlier this year that their company had bridged the gender pay gap.companies have tried to work towards pay equity.

Read the full story at Mashable.

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