Disney Shows Adjusted Pay Data by Race and Gender for First Time
By Jeff Bloomberg, September 16, 2022
Results company disclosed show parity between men and women
About 60% of shareholders approved proposal for more data
Walt Disney Co. released data on employee pay by race and gender for the first time Friday, and committed to provide more compensation information within 18 months.
Women are paid nearly identical to men, and Asian, Black and Hispanic workers are all paid nearly the same as White workers, when their base pay is adjusted for their roles, experience and location, according to the data Disney released.
Median pay, which the company will disclose later, is not adjusted for those factors, and usually shows that women and people of color are in lower-paying roles than men and White workers.
Pay disclosure is still not mandated under federal law or in most states. The UK requires companies to reveal median pay by gender. Women at Disney earn about 86% of their male counterparts there, according to the company’s filings.
“Disney is stepping into an elite group that are showing leadership on pay equity,” said Natasha Lamb, a managing partner at Arjuna Capital, which has been pressuring the company to make the disclosures.
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