Company
Date Published
Author
Leah Sutton
Word count
631
Language
-
Hacker News points
None

Summary

On Equal Pay Day 2019, Leah Sutton from Elastic highlighted the company's efforts to address gender pay gaps, emphasizing the symbolic significance of the day as a reminder of ongoing disparities. Elastic had previously undertaken a manual review of salaries to identify and correct unexplained differences between male and female employees, ceasing the practice of basing offers on past pay to prevent perpetuating gaps. By 2019, with nearly 1,400 employees globally, Elastic partnered with Economists Incorporated to conduct a comprehensive statistical pay equity analysis. The analysis, involving multiple regression techniques, found no statistically significant pay disparities between men and women, with female employees in the U.S. earning 99.6 cents for every dollar earned by men, and globally earning 98.8 cents. In engineering roles, women earned $1.03 for every dollar earned by their male counterparts. Elastic plans to continue annual reviews to maintain pay equity and hopes to incorporate more demographic data to identify potential gaps among other groups, particularly people of color.