Tuesday, March 10, 2020

Why This Fortune 500 Company Isnt Stopping at Global Gender Pay Parity (And Neither Should You)

Why This Fortune 500 Company Isnt Stopping at Global Gender Pay Parity (And Neither Should You) During a recent refresh of ur companys values, we made the decision to include equity, along with courage, excellence and joy. As Pfizers CHRO, I have spent some time thinking about what a powerful concept equity can be as we work to create a world where every person is seen, heard and cared for. But for equity to be real it requires not just thought but action. One action we have taken is to conduct our first global pay equity study.But pay equity isnt just about paying fairly, it is also about the potential to earn. While its good to know that when women and minorities are in leadership positions at Pfizer, they are paid appropriately, it is just as important to know that everyone has the same opportunity to grow, develop and succeed. Achieving pay parity is just the beginning. True success comes through opportunity parity, so were taking action here, too. Weve set ambitious goals to inc rease the representation of women and minorities in our leadership roles by 2025 to more closely mirror our population. We are committed to an inclusive environment that actively supports career growth and development for those who are under-represented in our senior ranks and we are building a culture, based on our values, that holds leaders accountable for their hiring decisions and inspires talented people to join us.When I am asked what I love about working at Pfizer, my answer will always be our purpose breakthroughs that change patients lives. It is a purpose that is equal part overwhelming challenge and extraordinary possibility. To achieve our purpose, our values courage, excellence, joy and equity must be the way we live and work so that all of our people can reach their full potential, do their best work and be their best selves every day in support of the millions of patients around the world who depend on us.--This article welches originally published on LinkedIn.Fairygo dboss is proud to partner with Pfizer.

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