Intel offers peek into pay data that most other companies won’t
Intel on Tuesday shared compensation data for all its U.S. employees in 2017 and 2018, providing a rare look into the pay of tech employees by gender, race and occupation.
The data shows that the highest-paid people at Intel were white and Asian males, who make up the bulk of the Santa Clara chip company’s workforce. Of the company’s nearly 53,000 U.S. workers in 2018, 18,621 were white males and 13,446 were Asian males. In six of seven categories of occupations — executives and senior managers/officials, first/mid officials & managers, professionals, technicians, sales and craft workers — white males were the top earners. Only in the administrative support category were the top earners white and Hispanic/Latino women.
“These datasets each tell an important part of the story and point to work that lies ahead,” said Barbara Whye, Intel’s chief diversity and inclusion officer, in a statement Tuesday. She added that “there is promising growth of our junior female and underrepresented talent from which our future leadership will be drawn.”
The tech giant released the information as it was filed with the U.S. Equal Employment Opportunity Commission, which required for the first time this year that companies include pay data. The company also published its 2019 diversity report, which showed that it boosted its Latinx employee population by 561, from 9.2% to 10% of its U.S. workforce. It saw a decrease in female representation in the United States, from 26.8% to 26.5%.
Intel has long been transparent about its efforts to diversify its workforce and achieve pay parity; it has said that it eliminated its U.S. gender wage gap in 2016 and reached global gender pay equity earlier this year. (However, in October the company agreed to a $5 million settlement over pay discrimination allegations by its female, black and Hispanic …read more
Source:: The Mercury News – Business
