Intel Says It Achieves Gender Pay Equity, Changes Methodology for Pay Equity Analysis

By Michael Dabaie

Intel Corp. (INTC) said Tuesday it achieved gender pay equity across its worldwide workforce and added stock-based compensation to its pay-equity analysis.

The semiconductor company said it defines pay equity as closing the gap in the average pay between employees of different genders or races and ethnicities in the same or similar roles after accounting for business factors such as performance, time at grade level and tenure.

Intel said it has changed its methodology to take a more comprehensive approach to analyzing global workforce pay data and closing gaps. In the past, adjustments were made only to the cash portion of employees' compensation, meaning base pay and bonus. In 2018, Intel said, it began evaluating total compensation, including stock grants.

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

January 22, 2019 11:46 ET (16:46 GMT)

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