Amazon’s Study Shows Its Female Workers get Equal Pay as Men Working with the Company
In recent years, gender gap in pay has been a hot topic of discussion. On Wednesday, Amazon. com Inc said its female employees are paid equally as their male counterparts. The results which came from a recent survey were disclosed under pressure from an activist shareholder Arjuna Capital, the activist arm of investment firm Baldwin Brothers Inc.
The disclosure from the company came as several U. S. companies face criticism related to the issue of pay inequality. The issue is truer in the technology sector that's mainly dominated by men. Natasha Lamb, the director of shareholder engagement at Arjuna, which called on Amazon to reveal reports of its policies and goals taken to minimize gender pay gap said, "We are pleased Amazon is stepping up in response to investor concerns about gender pay equity."
According to Amazon's estimates women make up thirty nine percent of its global workforce. Out of them, twenty four percent were in managerial positions. It said, a review of compensation that includes the base pay and stock compensation, discovered that women earned 99.9 cents for $1which men earned in the same positions with the company. The study was conducted by an outside labor economist, which took into account Amazon's workers at different levels in the United States.
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