First Cybersecurity Company to Recognize and Reward Women and Men
SANTA CLARA, Calif. – April 2, 2019 – McAfee, the device-to-cloud cybersecurity company, today announced that it has achieved global gender pay parity and is the first cybersecurity company to do so.
McAfee, we value the innovation, creativity, and strategic problem-solving that
flourish in an inclusive and diverse environment,” said Christopher Young, CEO,
McAfee. “We believe in the simple fact that every employee, regardless of their
gender identity, should be compensated fairly and equally for their individual
contribution to the company. I’m proud to lead a company that puts actions
behind its beliefs and makes gender pay parity a reality for all employees.”
an extensive audit covering 45 countries and more than 7,000 employees, McAfee
identified gender pay gaps in nine countries.
Closing the gap required an investment of $4 million. Salary adjustments were made on April 1, 2019, and the
company will continue to monitor and address pay parity annually.
“By achieving gender pay
parity at McAfee, we continue to live our values, build an inclusive culture,
create better workplaces, and develop stronger communities. I’m honored to join
companies beyond the world of cyber already striving towards pay parity, and I
hope more will join us in reaching this milestone in equality.” said Chatelle
Lynch, Chief Human Resources Officer, McAfee.
defines gender pay parity as fair and equal pay for employees in the same job,
level and location, controlling for pay differentiators such as performance,
tenure and experience, regardless of gender.
the company’s commitment to building an inclusive workplace, McAfee today also
released its first Inclusion
and Diversity Report, highlighting its strategy
and results to support and increase its diverse workforce.
McAfee is the
device-to-cloud cybersecurity company. Inspired by the power of working
together, McAfee creates business and consumer solutions that make our world a
safer place. www.mcafee.com
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