Adobe joins Microsoft, Facebook, Apple, Intel in closing gender gap
In July 2016, female Adobe employees based in the U.S. were making 99 cents to every dollar that the company’s male employees were making. The software company vowed to close that pay gap by the end of the fiscal year.
On Thursday, Adobe announced that it has followed through on its promise, Fortune reports. Women in Adobe’s U.S. offices, the company claimed, now make $1.00 for every dollar made by male employees.
Compared to the national average, Adobe’s one-cent gap was miniscule.
As of September, women nationwide were earning 80.5 cents to men’s dollar.
But compared to the largest technology companies, Adobe is actually late to the game. Facebook and Microsoft announced last April that they had eliminated gender pay gaps between their employees. Apple and Intel also announced gender parity in 2015.
Many of these companies boost a far from gender-balanced workforce (Adobe’s is only 30% female), so there’s more work to be done, but it’s promising to see technology companies, rumored for so long as “boys clubs” taking the initiative to spur change.