abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

22 Mar 2018

Author:
Cindy Robbins, The B Team

Commentary: Equal pay initiatives are not a 'one-and-done fix' but ongoing process, says Salesforce President & Chief People Officer

"The Challenge of Closing the Pay Gap", 8 Mar 2018

...[W]hile more and more research indicates the economic benefit of gender parity, men continue to outearn women across the globe...Companies have a crucial role to play to accelerate equal pay; one that, at Salesforce, we take very seriously...

...We started by assembling the right team. We grouped employees in comparable roles and analyzed their salaries to determine whether there were statistically significant wage differences between women and men. We based our analysis on factors such as job function, level and location. If the analysis found unexplained pay differences, we made adjustments...

...Our first assessment indicated that six percent of Salesforce employees required a pay adjustment...[W]e conducted a second pay audit and spent an additional $3 million to adjust compensation...When we did the second assessment many asked, “Why do we have to do this again?” The simple, but difficult answer is that equal pay is not a one-and-done fix—it’s a moving target, especially for high growth companies in competitive industries. We committed to reviewing compensation on an ongoing basis when we started this process in 2015—and that’s exactly what we plan to do...