The company is also doing the same for a 14 per cent increase in underrepresented groups—like Black and Hispanic employees—in mid-level positions by 2022, according to its annual diversity report released Monday. The company said the amount of bonuses tied to the targets was “significant.” (Financial Times)
Talking point: The policy comes as Uber is still attempting to shed its toxic-workplace reputation, after executives including its co-founder, Travis Kalanick, were dismissed in 2017 amid a series of scandals. Tying diversity to executive bonuses was a recommendation made in a report by Eric Holder, a former U.S. attorney general, that Uber commissioned after the 2017 incidents. The company isn’t the first to do so—Microsoft said it would do the same in 2016, after it found its number of women employees decreasing. Intel said it includes diversity goals in bonus calculation, as well. For its part, Uber’s diversity numbers are increasing—Black employees rose from 8.1 per cent to 9.3 per cent; Hispanic or Latinx staff went from 6.1 per cent to 8.3 per cent; and women make up 40.9 of its workforce, up from 38 per cent the year previous—but they have yet to meet the target.