May 21, 2024
Spread the love

Intel will voluntarily publish detailed pay data with information on race and gender, the company told Bloomberg in an announcement today.

Earlier this year Bloomberg reported, the United States Equal Employment Opportunity Commission will require companies with more than 100 employees to file the same data, but it won’t require businesses to release the information. Intel, however, said it would allow the public to examine the data.

Intel hasn’t said anything on the on the proposal yet. The company didn’t say when the data would be released, and the commission may not require businesses to file the data after this year, as Bloomberg notes

The decision sets Intel apart from other major tech companies, which have sometimes broadly released demographic statistics but haven’t released pay data in such detail. Companies like Google and Facebook regularly publish diversity statistics, but the data from Intel could provide a deeper look at race and gender gaps in the tech industry.

The data will likely be welcome by transparency advocates, but the announcement also comes as Intel deals with accusations that its female, black, and Hispanic employees faced pay discrimination in some states. In an announcement this week, the Department of Labor said Intel had agreed to pay $5 million to settle the accusations. Of that money, $3.5 million will go to back pay, and the rest will be used to adjust pay for engineers.

Leave a Reply

Your email address will not be published. Required fields are marked *