Apple, Facebook, Nike & Other Companies Take The White House Equal Pay Pledge
August 26th was Women’s Equality Day and to mark the significance of the day, President Obama announced that 29 major U.S. employers have taken the White House Equal Pay Pledge. Under this pledge, the companies promise to do their part to close the gender pay gap. Among the companies were some major tech firms: Apple, Facebook, Microsoft, Intel, IBM, Dropbox, and LinkedIn. Also taking the pledge were: Anheuser Busch, Delta Air Lines, Coca-Cola, General Motors, and Nike.
According to the White House, the pledge includes five main points, reported Engadget:
–Acknowledging the critical role businesses must play in reducing the national pay gap.
–Committing to conducting an annual company-wide gender pay analysis across occupations.
–Reviewing hiring and promotion processes and procedures to reduce unconscious bias and structural barriers.
–Embedding equal pay efforts into broader enterprise-wide equity initiatives.
–Pledging to take these steps as well as identify and promote other best practices that will close the national wage gap to ensure fundamental fairness for all workers.
The companies also vow to “conduct an annual company-wide gender pay analysis and to review hiring and promotion practices to reduce unconscious bias and structural barriers,” reported CNN.
“The typical woman working full-time all year in the United States only earns 79 percent of what a typical man working full-time all year earns,” said the White House statement. “While the gap has narrowed slightly over the past few years, there is much more work to be done to ensure fair pay for all.”