Equal pay at Elastic: Going beyond “just good enough”

Elastic has undertaken a comprehensive effort to ensure pay equity by working with Economists Incorporated to analyze compensation practices. The initial study revealed that women at Elastic, both in the US and globally, earned nearly the same as their male counterparts in similar roles, with women receiving slightly higher equity awards, though not statistically significant. Following a mid-year compensation review, Elastic identified a few pay discrepancies, most of which were explainable, and corrected those that weren't. The company also incorporated age into its analysis, finding equitable practices and plans to add ethnicity data in the next review cycle. Elastic is committed to building an equitable workplace by continuously examining pay practices across gender, age, and soon ethnicity, particularly considering the impact of race on pay equity in the US, where a significant portion of its workforce is based.

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