Women are being paid less than their male counterparts in 60 per cent of cases, according to a report from the San Francisco-based recruitment firm Hired. That’s down slightly from 63 per cent last year. Among the five tech hubs surveyed—Los Angeles, New York, Seattle, San Francisco and Boston—San Francisco had the smallest gender pay gap. And, of those who were being paid less, 16 per cent found the difference was at least US$20,000. (CNBC)
Talking point: Canada has a similar gap. In January, a Brookfield Institute study found that women in tech are paid on average nearly $20,000 less than their male counterparts. That pay gap can widen for visible minorities and Indigenous people. Hired found that U.S. tech companies are taking more proactive steps to inclusivity, like interviewing more women for jobs. And, the report suggested that companies can help ensure employees are asking for an adequate wage by publishing salary ranges on job postings. But the experience of Salesforce suggests there’s one good way to solve the problem: money. In its 2018 equal pay assessment, the company found that six per cent of its employees needed adjustments, and spent US$2.7 million to get them up to par.