Even though women play a significant role in the tech industry, there remains a clear pay difference between them and their male counterparts, recent research shows.
At an average, a woman earns 80.7 cents for every dollar a man earns at a full-time position. According to data issued by the US Census Bureau, women’s median annual earnings are $9,909 less than men’s.
When considered in the tech sector, women are offered 3% less than men for the same job – at the same company, reports job portal Hired.
In this regard, self-reported salary data from PayScale was analyzed by Small Business Prices who looked at salary info for the top 10 Fortune 100 tech companies. They compared the salaries of both – men and women and concluded that men reportedly earned more than women.
For instance, Facebook has roughly 50,000 employees globally. The average salary at the tech company is $120,000 while for men, the average is reported to be around $129,000. The same salary is $112,000 for the female, indicating one of the largest gender wage gaps.
Similarly, PayPal and Apple offer women employees $12,000 less than men – at an average.
Other leading tech giants such as Microsoft, Oracle, Google Alphabet, Cisco, and eBay have a lower salary package for female workers.
To our surprise, the only company where women excel – or make a higher income than men is Adobe. The American multinational software company has more than 22,000 workers worldwide. The average salary here is reported to be $104,000. But women at the firm are earning a whopping $126,500 while men are averagely offered $105,500 – approximately $21,000 less than female.
Seems like leading tech companies should ‘reconsider’ their business protocols and focus more on equality in all areas of their practices. just this week, Apple’s Tim Cook, Google’s Sundar Pichai, Amazon’s Jeff Bezos, and Facebook’s Mark Zuckerberg are scheduled to appear before the Congress and defend the allegation that they are not stifling competition.
Read next: ACSI E-Business Report 2019-2020: Consumer Satisfaction with Social Media Falls 2.8 Percent
At an average, a woman earns 80.7 cents for every dollar a man earns at a full-time position. According to data issued by the US Census Bureau, women’s median annual earnings are $9,909 less than men’s.
When considered in the tech sector, women are offered 3% less than men for the same job – at the same company, reports job portal Hired.
In this regard, self-reported salary data from PayScale was analyzed by Small Business Prices who looked at salary info for the top 10 Fortune 100 tech companies. They compared the salaries of both – men and women and concluded that men reportedly earned more than women.
For instance, Facebook has roughly 50,000 employees globally. The average salary at the tech company is $120,000 while for men, the average is reported to be around $129,000. The same salary is $112,000 for the female, indicating one of the largest gender wage gaps.
Similarly, PayPal and Apple offer women employees $12,000 less than men – at an average.
Other leading tech giants such as Microsoft, Oracle, Google Alphabet, Cisco, and eBay have a lower salary package for female workers.
To our surprise, the only company where women excel – or make a higher income than men is Adobe. The American multinational software company has more than 22,000 workers worldwide. The average salary here is reported to be $104,000. But women at the firm are earning a whopping $126,500 while men are averagely offered $105,500 – approximately $21,000 less than female.
Seems like leading tech companies should ‘reconsider’ their business protocols and focus more on equality in all areas of their practices. just this week, Apple’s Tim Cook, Google’s Sundar Pichai, Amazon’s Jeff Bezos, and Facebook’s Mark Zuckerberg are scheduled to appear before the Congress and defend the allegation that they are not stifling competition.
Read next: ACSI E-Business Report 2019-2020: Consumer Satisfaction with Social Media Falls 2.8 Percent
