We also affirmed that people of color earn $1.00 for every $1.00 earned by white employees. Furthermore, we offer employees multiple channels to raise pay disparity concerns, such as our Ethics Helpline, our Employee Relations team or the Law Department.įollowing the conclusion of the 2022 assessment and validation process, globally, women at our company earn $1.00 to every $1.00 earned by men. If disparities are found and not explained in an acceptable manner, appropriate responsive action is taken. All roles in our organization are reviewed and benchmarked to the external market and we assess compensation decisions for potential pay disparities by gender, among other categories.
To support our commitment, we have established a framework for examining pay practices annually with the support of third-party analysis.
That includes equal pay for equal work, and continued progress toward closing the pay gap. It’s essential for our business that we foster a workplace where all employees feel valued, respected and empowered to reach their greatest potential.
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