Around the Net

Mastercard Admits To Gender Pay Gap

Mastercard says that its female employees worldwide make 7.8% less than the men. The admission comes at the request of shareholder Arjuna Capital, which asked the company to prepare a report on its global median gender pay gap and any risks related to recruiting and retaining female talent. “Nearly two dozen companies have now responded proactively to the Arjuna-led pay equity campaign,” Natasha Lamb, managing partner at Arjuna Capital, told Finance & Commerce. “Companies like Citi, Starbucks, and now Mastercard are now beginning to present more detailed gender pay gap information that we think constitutes an honest accounting of the gender pay gap.”

Read the whole story at Finance & Commerce »

Next story loading loading..