Facebook And Microsoft Take A Giant Leap Forward, Eliminate Gender Pay Disparity

On the eve of Equal Pay Day, corporate giants Facebook and Microsoft have announced the end of gender pay inequality at their workplaces.

Facebook announced on Monday that it has accomplished full gender pay parity among its employees, with no difference in pay for men and women sharing similar roles and experience.

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In a post, the VP of people at Facebook, Lori Matloff Goler wrote:

"We regularly review our compensation practices to ensure pay equity, and have done so for many years. We complete thorough statistical analyses to compare the compensation of men and women performing similar work. I'm proud to share that at Facebook, men and women earn the same."

Microsoft also announced that it too has almost eliminated the gender pay disparity to achieve their "deep commitment to building a more diverse and inclusive workforce."

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Kathleen Hogan, executive VP of Human Resources at Microsoft, wrote in a blog post:

"These numbers reflect our commitment to equal pay for equal work, and I¡¯m encouraged by these results. Our announcement today is another step forward along the path of greater diversity and inclusion progress at Microsoft, and in society as a whole."

Companies like Intel and Apple have also reached workplace pay parity, with Intel achieving 100% pay unity and Apple's women workforce earning 99.6 cents of every dollar earned by their male counterparts in the US.

Hopefully now, other companies around the world will follow suit and drive their policies towards attaining a more inclusive and equal work culture.