Equal Pay Day 2017 U.S.
More than 50 years after the passage in the U.S. of the Equal Pay Act and Title VII of the Civil Rights Act, women and people of color in the United States, as well as globally, continue to suffer the consequences of inequitable pay differentials. According to statistics released in 2016 by the U.S. Census Bureau, year-round, full-time working women in 2015 earned only 80% of the earnings of year-round, full-time working men, indicating little overall change or progress in pay equity.
VMware and Equal Pay Day
According to the National Committee on Pay Equity, Equal Pay Day was originated by the National Committee on Pay Equity (NCPE) in 1996 as a public awareness event to illustrate the gap between men’s and women’s wages. Because women earn less, on average, than men, they must work longer for the same amount of pay. The wage gap is even greater for most women of color. The date of Equal Pay Day in the U.S. symbolizes how far into the year the average woman must work to earn what the average man did in the previous year. Additionally, the fact that it’s on a Tuesday symbolizes how far into the next work week women must work to earn what men earned the previous week.
According to Betsy Sutter, Chief People Officer at VMware, “Ingenuity is the heart of VMware’s culture and the power of human difference is what fuels ingenuity.” At VMware, harnessing the power of human difference means equal pay for equal work. Over the past few years, VMware has begun to achieve measurable improvements, not only with women but on underrepresented minority talent more broadly.
VMware continually analyzes compensation globally, accounting for multiple factors that influence pay such as tenure, geographic location and performance. The company’s most recent data analysis, done by a third party, shows that at VMware, women earn 99% of their male counterparts’ salary globally and racial and ethnic minority employees earn 100% of their white counterparts in the U.S.
Additionally, VMware signed the 2016 White House Equal Pay Pledge and is a member of The Employers for Pay Equity Consortium – a group of companies who are committed to collaborating to eliminate the national pay and leadership gaps for women and ethnic minorities. “Equal Pay is something that the industry must continue to insist upon,” said Amber Boyle, VMware Diversity and Inclusion Director. “VMware is committed to driving change in this area by continuing to monitor pay equity within our walls and share best practices with other companies committed to championing the cause.”
VMware is proud of these results and is strongly committed to pay equity and equal opportunity across gender and racial lines. To learn more about how VMware harnesses the power of human difference, visit VMware’s Diversity and Inclusion page.