Accenture Emphasizes Equal Pay for Gender Equality
Bengaluru, India | Red Newswire | Nov 21, 2015 Last Updated at 09:40 PM IST.
Pierre Nanterme, CEO of Accenture is pitching for equal pay for its both men and women employees. Nanterme said that the company is committed to diversity and inclusion which does not ends at just mere lip service towards workforce empowerment. The consulting firm has around 130,000 women employees.
Nanterme said, “This commitment extends to pay, and we strive to ensure that all our people — women and men — are compensated fairly and equitably from the moment we hire them through the milestones of their careers here. We believe strongly that gender equality is essential for a high-performing, talent-led organization.”
He further added that some rigorous processes are going on in the company for the identification of the potential discrepancies between the pay of its men and women employees. He said, “If we identify a problem, we fix it.”
Currently Women’s pay parity is one of the hottest debate topics in corporate world. As per the observation of a recent study called “Women in the Workplace 2015” conducted by McKinsey & Co. and LeanIn.Org, Corporate America is not going in the direction of gender equality. The study included a survey of 30,000 employees across 118 US companies and shockingly it revealed that there is no level in corporate world where the women are not under-represented. The study also mentioned some of the major barriers faced by women in making their career. It also revealed that the path to leadership is steeper for women.
Accenture has pledged to increase the percentage of women it hires by 40% globally in the next two years. The company has actually made some progress towards this goal. Last year it hired 100,000 women. The company also had women employed at various leadership levels including 11 independent directors and 3 as is Global Management Committee members. Above all, its US, Indian and Chinese markets are led by women.
Many other US companies are also adopting similar strategies for retaining women employees. Others including Microsoft, Adobe and IBM have extended leave programs in place for new mothers, plus other benefits. In August, Accenture also announced a programme under which new mothers can work locally for one year after child birth.