One of the oldest names in the tech industry opened up its books this week to give outsiders a look at how much it pays employees, with unprecedented data broken out by gender and race — and the unusual step is ratcheting up pressure on other tech companies to do the same.on Tuesday. The federal government required all big employers to produce salary reports this year, but companies can keep their submissions private if they chose — an option chosen by every tech company other than Intel.
Intel is so far the only company to release the data publicly, according to organizations that advocate for equal pay.
“What intel has done is very, very rare,” said Kavya Vaghul, a manager at Just Capital, a nonprofit that is among those pushing for more wage disclosure. “It really points to a hopeful sign that companies are ready for the public release of their data and to improve the diversity of their organizations,” she said.
Brenda Wilkerson, CEO of AnitaB.org, an organization for women in technology, said, “They are an example company for so many other companies.”Get breaking news and insider analysis on the rapidly changing world of media and technology right to your inbox.
I’d love to see the same info published on congressional staff.