Apple recently announced that it has succeeded in erasing the gender pay gap amongst its employees in the United States.
As Engadget reports, the company is now working to ensure that it does the same on a global scale, with Apple explaining the gender pay gap venture by stating "We're now analyzing the salaries, bonuses, and annual stock grants of all our employees worldwide" and "If a gap exists, we'll address it. And we'll continue our work to make sure we maintain pay equity."
In addition to taking steps to ensure that female employees are paid the same as men for doing similar work, the company is working to hire more people who identify as minorities, with 54 percent of its new employees coming from non-Caucasian descent.
Diversifying Company Ventures
Apple is Fighting the Gender Pay Gap and Employing More Minorities
Trend Themes
1. Gender Pay Gap Eradication - Opportunities for developing tools that analyze salaries and bonuses to eliminate gender pay gap on a global scale.
2. Diversity and Inclusion Employment - Innovation opportunities in hiring policies and practices that promote diversity and inclusion in the workplace.
3. Corporate Social Responsibility - Creating effective CSR programs that address pay equity and diversity in the workplace.
Industry Implications
1. Human Resources - Application of gender pay analysis software and development of diversity hiring policies for companies.
2. Technology - Innovation in creating software and tools that enable companies to tackle the gender pay gap and diversity issues.
3. Corporate Consulting - Business opportunities in offering corporate social responsibility consulting services to companies seeking to address diversity and pay equity.