Apple has wiped out the gender pay gap
“Equal work deserves equal pay,” stated Apple on its swanky report website. “Women earn one dollar for every dollar male employees earn. And underrepresented minorities earn one dollar for every dollar white employees earn.”
The figures, released this week, show Apple’s diversity rates are slowly improving, with the company’s global gender balance swinging towards women by 2% over the past two years. However, 68% of the company remains male, with this gap widening to 72% at leadership level.
In terms of new hires, 37% globally are women, while 27% are “underrepresented minorities”, which Apple terms as “groups whose representation in tech has been historically low”, including black, Hispanic, and Native American people.
While Apple has been making progress towards gender equality within its workforce, it is doing less well in racial diversity. Despite making efforts to hire more minority employees, the company’s ratio of white employees is at a three-year high. Fifty-six per cent of the company’s US staff is white, up from 54% in 2015.
“We’re now analysing the salaries, bonuses, and annual stock grants of all our employees worldwide. If a gap exists, we’ll address it. And we’ll continue our work to make sure we maintain pay equity,” said Apple.