To better understand how the wage gap impacts technology workers, we’re releasing our third annual report, “The State of Wage Inequality in the Workplace.” In addition to studying what the gender wage gap looks like across geographies, industries, and roles, we examine how factors such as negotiation, race, and LGBTQ+ status impact compensation.
Hired has unprecedented visibility into tech workers’ salaries because all Hired candidates set a preferred salary and every interview request made by companies includes compensation information. This year, we also surveyed more than 1,200 Hired candidates about their personal experience with pay inequality and asked for their perspectives on how the problem could be solved.
At Hired, we believe we have a responsibility to our community, our employees, our clients, and the hiring industry at large to serve as a catalyst for a more diverse, equitable, and inclusive workforce. This begins with pay equality.
Ultimately, we want to empower candidates to ask for what they’re worth and prompt companies to evaluate and adjust their own compensation philosophies. We hope this report will fuel the conversation about pay equality so that everyone can be a part of the solution.
We’re encouraged by the tech industry’s newfound emphasis on pay equality in the workplace, but words are not enough for impactful change. The data in this report underscores the prevalence of deep-rooted issues surrounding wage inequality based on not only gender but also race, years of experience, and LGBTQ+ status. This report demonstrates how we can all play a role in creating a diverse, inclusive, and equitable workplace.
At Hired, we take a long-term view on this issue, and acknowledge that the solution requires cooperation from all sides. While we applaud policies like Iceland’s, establishing laws are not enough. It takes commitment, consistency, and financial investment to solve pay inequality, and that responsibility ultimately falls on companies. By sharing transparent salary data, walking the talk with our own workforce, and offering product features that aim to reduce bias, we’re committed to finding a sustainable solution.
This report is based on proprietary data gathered and analyzed by Hired’s analytics and strategy team. The analysis in this study was done using a combination of voluntary, self-reported demographic data and a classifier that identified the gender of the candidate based on their first name. The results were based on a candidate’s self-identified gender, if present, before considering the predicted gender classifier. Only data from candidates with unambiguous gender classifications were used in this report. Data related to race and LGBTQ+ status was collected through an optional, self-reported survey given to Hired candidates that is used only for aggregated research purposes and not shared with Hired clients. The salaries included reflect base pay only and are drawn from a sample set of more than 420,000 interview requests and job offers facilitated through our total marketplace of 10,000 participating companies and more than 98,000 job seekers.
Hired (hired.com) is a marketplace that matches tech talent with the world’s most innovative companies. Hired combines intelligent job matching with unbiased career counseling to help people find a job they love. Through Hired, job candidates and companies have transparency into salary offers, competing opportunities and job details. This level of insight is unmatched, making the recruiting process quicker and more efficient than ever before.
Hired was founded in 2012 and is headquartered in San Francisco, with offices in the United States, Canada, France, and the UK. For more information, news, and tips for job candidates and employers, visit Hired’s blog.