Glassdoor Annual Pay Audit Reveals No Gender Pay Gap At Company

MILL VALLEY, Calif., July 28, 2017 /PRNewswire/ -- Glassdoor, the fastest growing and second largest job site in the United States¹, today announced the results of its second annual audit of the company's compensation practices that revealed there is no statistically significant gender pay gap among its 600 U.S.-based workforce when comparing men and women employees with similar roles, levels of  experience, demographics and more.

Leveraging an algorithm developed by Glassdoor Chief Economist Dr. Andrew Chamberlain, Glassdoor was able to control for multiple factors, including age, job title, job seniority level, department, race/ethnicity, location and employee performance scores. This is consistent with Glassdoor's initial analysis in 2016.

Glassdoor's U.S. employee population is made up of slightly more men (55 percent) than women (45 percent). The  total average, or "unadjusted" pay gap (including base pay and bonus pay) for Glassdoor's workforce amounts to approximately 20 percent, or $23,514 per year, with women earning $117,601 total pay on average, while men earn $141,116 total pay on average (as illustrated below). However, when adjusting for multiple factors, the gap statistically disappears.

"At Glassdoor, we believe men and women should be paid equally for equal work and experience and encourage all employers to take steps to analyze their own pay data to ensure gaps do not exist,"  said Robert Hohman, Glassdoor co-founder and CEO. "Making a commitment to pay equality and regularly reviewing internal practices can have positive effects on a company's employer brand and its recruiting and retention. Communicating to your own employees on pay practices and pay philosophy is not only the right thing to do, but imperative to attract  today's top candidates."

A lassdoor Economic Research study, Demystifying the Gender Gap, revealed a significant gender pay gap exists in the United States. The research found unadjusted gender pay gap is 24.1 percent in the U.S. Although the gap shrinks when adjusting for factors such as age, education, years of experience, location, job title and company, to 5.4 percent, it does not disappear.

To help companies and workers identify and work to adjust potential pay gaps, Glassdoor has created a number of free resources.

For employers: Download the free 5 Steps to Addressing the Gender Pay Gap and the step-by-step technical guide to help analyze your company's salary data to identify whether the existence of a gender pay gap exists. Join the thousands of employers who have taken the Pay Equality Pledge on Glassdoor to show your commitment to equal pay for equal work.

For job seekers and employees:  The Know Your Worth™  tool helps individuals within the workforce understand their own worth, as determined by a number of factors including experience, education and location. The personal pay information provides insights  to determine whether their salary adequately reflects their worth and whether to discuss and negotiate with their employer. For tips and advice on fair pay and how to better negotiate, visit the Glassdoor Blog.

For more on Glassdoor's internal analysis of pay data, visit the Glassdoor Blog and Glassdoor Economic Research.

Visit Glassdoor to research salaries or submit a salary report and go to Glassdoor Economic Research to subscribe to the latest job market and economic employment reports.

About Glassdoor
Glassdoor is one of the largest and fastest growing job sites in the world today. Set apart by the tens of millions of reviews and insights provided by employees and candidates, Glassdoor combines all the jobs with this valuable data to make it easy for people to find a job that is uniquely right for them. As a result, Glassdoor helps employers hire truly informed candidates at scale through effective recruiting solutions like job advertising and employer branding products. Launched in 2008, Glassdoor now has reviews and insights for approximately 700,000 companies in more than 190 countries. For labor market trends and analysis, visit Glassdoor Economic Research. For company news and career advice and tips, visit the Glassdoor Blog and for employer-related news and insights to help employers hire, visit the Glassdoor for Employers Blog. Visit Glassdoor.com or download our apps on iOS and Android platforms.

Glassdoor® is a registered trademark of Glassdoor, Inc.
Know Your Worth™, Salary Explorer™ and the Glassdoor logo are trademarks of Glassdoor, Inc.

¹   (1) Based on unique users, custom job list sites % Change Media Trend Report, Comscore June 2017 Media Metrix®; Compared to Indeed.com, CareerBuilder.com, Monster.com and ZipRecruiter.com.

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SOURCE Glassdoor

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