Wall Street Journal: Facebook, Microsoft say they offer equal pay to women, men

Major U.S. tech companies have been pressed by investment firm to reveal gender-pay details

Facebook Inc. and Microsoft Corp., two of the technology companies pressed by an investment firm for more pay transparency, disclosed that they pay their male and female employees equally.

The companies released the information ahead of Tuesday’s Equal Pay Day, which symbolizes how far into the new year women must work to earn what men earned in the previous year.

Facebook and Microsoft are among nine major tech companies, including Amazon.com Inc. and Apple Inc., that have faced pressure from Arjuna Capital, a boutique investment firm based near Boston. The firm, which is a unit of investment firm Baldwin Brothers Inc., filed shareholder proposals at each of the companies starting in late 2014 asking them to close the gender wage gap and release salary data.

 

Continue reading the article at the Wall Street Journal.

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