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Business

Adobe introduces pay parity policy

Aims to plug pay gap between male and female employees by the end of the year.

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CHENNAI: In a bid to promote diversity and inclusion in the workforce, California- based software major Adobe Systems has introduced a gender pay parity policy in India as well as in the US as it aims to close the gender wage gap by 2017-end.

“Adobe Systems Incorporated announced it expects to close the gender wage gap in the US by the end of its fiscal year, with women paid $1 for every $1 earned by male employees,” the company said in a statement adding that “there will remain no wage-gap between white and non-white employees, as previously announced last year”.

In India, Adobe said female employees are currently earning 99 per cent of what male employees earn and is working to close the remaining gap.

“Fair pay and equal treatment aren’t just the right thing to do; they also have a significant, positive impact on the business bottom line. We will continue to push for full pay parity globally,” said Donna Morris, executive vice-president, customer & employee experience, Adobe. Adobe’s US and India employee populations combined comprise 80 per cent of the company’s global workforce.

“We are excited to announce pay parity at Adobe India, which is aimed at abolishing the gender pay disparity in the technology industry. This is in line with our commitment towards building Adobe India as a diverse and inclusive workplace for all,” said Abdul Jaleel, vice-president, people resources, Adobe India.

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