Adobe Says It Nearly Closed Pay Parity Gap Globally

In line with its commitment to maintain an inclusive workforce, software giant Adobe said it has nearly closed the gap in terms of opportunity pay parity globally.

The findings from its opportunity parity initiative that examined fairness in promotions across demographic groups show that its fiscal year-to-date promotion rates were 13.6 per cent for women and 13.9 per cent for men, Adobe said in a statement.

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The company disclosed that in the US, the promotion rate was per cent for white employees and 13.2 per cent for non-white employees, it added.

Both comparisons show a nominal difference of 0.3 per cent. Early this year, Adobe declared its plan to pursue a new initiative — opportunity parity — that examines fairness in promotions across demographic groups.

Source: Economic Times

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