Intel on Tuesday shared compensation data for all its U.S. employees in 2017 and 2018, providing a rare look into the pay of tech employees by gender, race and occupation.
The data shows that the highest-paid people at Intel were white and Asian males, who make up the bulk of the Santa Clara chip company’s workforce. Of the company’s nearly 53,000 U.S. workers in 2018, 18,621 were white males and 13,446 were Asian males. In six of seven categories of occupations — executives and senior managers/officials, first/mid officials & managers, professionals, technicians, sales and craft workers — white males were the top earners. Only in the administrative support category were the top earners white and Hispanic/Latino women.
“These datasets each tell an important part of the story and point to work that lies ahead,” said Barbara Whye, Intel’s chief diversity and inclusion officer, in a statement Tuesday. She added that “there is promising growth of our junior female and underrepresented talent from which our future leadership will be drawn.”
The tech giant released the information as it was filed with the U.S. Equal Employment Opportunity Commission, which required for the first time this year that companies include pay data. The company also published its 2019 diversity report, which showed that it boosted its Latinx employee population by 561, from 9.2% to 10% of its U.S. workforce. It saw a decrease in female representation in the United States, from 26.8% to 26.5%.
Intel has long been transparent about its efforts to diversify its workforce and achieve pay parity; it has said that it eliminated its U.S. gender wage gap in 2016 and reached global gender pay equity earlier this year. (However, in October the company agreed to a $5 million settlement over pay discrimination allegations by its female, black and Hispanic employees).
“Hopefully, openly sharing the details of our representation journey will encourage others in the industry to do the same,” Whye said.
Other tech giants, such as Apple, Google, Facebook and Cisco, did not return requests for comment Tuesday about whether they submitted compensation data to the EEOC, and whether they plan to make that information public. Some companies, such as Santa Clara graphics chipmaker Nvidia, don’t release their EEO-1 reports but incorporate the data they submit to the government into their diversity reports.
But Alison Omens, a managing director at Just Capital, a fund that pushes for companies to disclose data as part of its goal toward a “more just and balanced economy,” said Tuesday that there is a growing trend toward transparency.
“There has been investor activism,” she said. “Stakeholders are looking for transparency and action, for companies to address core business issues.”
According to Just Capital, 32 companies had released their EEO-1 data on demographics as of August this year, but Intel appears to be one of less than a handful of large companies that has also released pay data along with demographic information. The full report can be found on Intel’s website at https://blogs.intel.com/policy/files/2019/12/Intel-2017-and-2018-EE01-Pay-Disclosure-FINAL.pdf.
An EEOC spokeswoman said Tuesday the agency could not provide the number of or names of companies that submitted the pay information by the Nov. 11 deadline.
Source: Mercury news
Intel offers peek into pay data that most other companies won’t