Mastercard Reveals Pay Gap, Women Make 92.2% of Men’s Salary (1)

March 2, 2020, 2:40 PM UTC

Mastercard Inc. disclosed its gender pay gap for the first time on Monday, saying that its female employees worldwide make 7.8% less than the men. The company said it is working toward parity.

On an adjusted basis -- evaluating employees at the same level, doing the same role -- Mastercard said it has achieved gender pay equity. Still, the median pay for female employees globally is 92.2% of the median pay for male employees, according to a blog post by Ann Cairns, the company’s executive vice chairman. That sort of gap usually indicates that women are underrepresented in the highest-paying job categories.

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