08.03.2023

International Women’s Day – Salesforce Gender equality pay gap

It's International Women’s Day, an opportunity for us to encourage conversation around gender equality. In today's article, we highlight gender pay equity and women in the technology industry.

On March 8th, International Women's Day is celebrated worldwide to raise awareness about women's rights, gender equality, reproductive rights, and violence against women. For us, it is a chance to come together and recognise the incredible contributions of women all over the world!

As we embrace equity today, we can both celebrate and leverage our differences to create an inclusive, diverse world. While women make up half of the world's population, systemic barriers continue to exist to this day.
 
Salesforce and gender equity
With its various inclusivity initiatives, events, and user groups, Salesforce is leading the way for women in technology. With this push for inclusivity, salesforce recognizes that positive action needs to be taken throughout the entire tech industry to ensure that more women are pursuing careers in technology.
 
Did you know ..

  • A company-wide audit conducted by Salesforce in 2015 revealed a six million dollar pay disparity between men and women. Having pledged to close this pay gap, Salesforce invested $10.3 million in ensuring equal pay for equal work for not only women but also minorities and underrepresented groups.
  • In the following four years, Salesforce made significant improvements, finding in its 2019 Salesforce Equal Pay Update that 5% of its 35,000 employees required adjustments towards equal pay, primarily men.
  • As recently as 2022, Salesforce spent approximately $5.6 million to resolve unexplained differences in pay, bringing the total expenditure to more than $22 million.

Salesforce's annual audits ensure that pay disparities are no longer hidden, which is particularly important for a company like Salesforce, which hires approximately 9,000 employees each year. Due to Salesforce's position as an industry leader, there is hope that the model will be replicated by other industry leaders following Salesforce's example.

Going further..
According to Salesforce, addressing pay during the compensation planning process is not sufficient. From recruiting and hiring to promotions and ongoing employee success, Salesforce is working to level the playing field for employees. 
Salesforce reports its global employee gender representation as 26.9% women, 72.9% men and 0.3% non-binary / other / undisclosed

Salesforce areas of progress:

  • In 2022 38.1% of Salesforce Global hires identified as Women. Up 1.6% points from 2021. 
  • Salesforces’ Global women representation went from 33.9% in 2021, to 35.7% today. An increase of 1.8% points.
  • Over the last year, Salesforces’ Global Women attrition has remained lower than total company attrition.

 
The following are some statistics regarding Steadman Brown's candidate's gender equality
  • Joshua Printer tells us 42.5% of his placements have been female 
  • Connor Howe tells us 55.55% of his placements since joining SB have been female
  • And Ronnie Mahoney says that 100% of his placements have been female!

However, great improvements have been made. We do have female astronauts and prime ministers. Albeit a challenge still in some countries, school girls are largely welcomed into university, women can work and have a family, and women can have real choices.


Want to know more? Check out the following links
International Women's Day 2023 (internationalwomensday.com)
International Women's Day: Women & Technology (internationalwomensday.com)
UK Gender Pay Gap Report 2022 - Salesforce UK
Salesforce Equality Data Visualization
Equal Pay Strategy at Salesforce - Salesforce News

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