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.
“Our ...
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