While the wage gap is narrowing, Hired data reveals unequal pay and discrimination remain prevalent for underrepresented talent in tech
New York, May 19, 2021 — Men were offered higher salaries than women for the same job title at the same company 59% of the time in 2020, compared to 65% in 2019, according to a new report by Hired, the leading AI-driven hiring marketplace that matches tech and sales talent with top companies. The fifth annual report analyzes wage inequality and discrimination based on gender, sexuality, race, age, and non-traditional educational backgrounds in the tech industry.
The Hired 2021 Impact Report – Wage Inequality in the Workplace is based on data from Hired’s network of over 10,000 participating companies and more than 245,000 job seekers, as well as survey results from over 2,000 tech employees. Prioritizing DE&I is no longer an option for forward-thinking companies. Over 83% of survey respondents said that it was important that their employer takes meaningful steps to promote diversity and inclusion.
Every year, Hired’s report finds that there is a strong link between the wage gap and the salary expectations of disadvantaged groups. The 2021 report found that companies offered women 3% less on average than men for the same roles in 2020, compared to 4% in 2019. At the same time, the average expectation gap decreased from 6% in 2019 to 3% in 2020, showing a clear correlation.
“We continue to see that underrepresented talent who are paid less also expect lower salaries than their white, male counterparts – even if they have the same experience. Our data shows that offering everyone visibility into what a fair wage truly is would make a meaningful impact towards narrowing the wage gap,” said Josh Brenner, CEO of Hired. “We hope this report can give employers the confidence that increasing salary transparency and narrowing the wage gap is the right thing to do – for both their team and business. Our vision is to build a world where hiring is equitable, efficient, and transparent, and with the right commitment from businesses, that goal is achievable.”
Additional key findings from the report include:
To access the full Hired 2021 Impact Report – Wage Inequality in the Workplace, visit: https://hired.com/h/wage-inequality-report/2021/
Hired is the largest AI-driven marketplace that matches tech and sales talent with the world’s most innovative companies. Backed by the world’s leading talent advisory and solutions company, The Adecco Group, Hired combines intelligent job matching with unbiased career counseling to help people find a job they love and reach their full potential. By providing accurate, real-time information, access to equal opportunity, efficiency, and transparency, the Hired platform serves as the backbone for hiring managers, recruiters, and C-level executives to surface the best matching talent and build ambitious, diverse teams. Hired is committed to building equity in the hiring process through a more representative talent pool, using bias reduction features, customized assessments, and salary bias alerts to help remove unconscious bias when hiring. For more information, visit hired.com.
Gravitate PR for Hired