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Nordstrom Hits Equal Pay Milestone
The retailer said it has reached 100 percent pay equity for employees of all genders and races.
A Nordstrom Local location in Los Angeles. The retailer said it achieved pay equity, which means providing equal pay for comparable work, for employees of all genders and races.
Seattle—Nordstrom has reached 100 percent pay equity for employees of all genders and races, according to a company announcement made last month.
The retailer evaluated pay equity, which it defined as providing equal pay for comparable work, by analyzing base pay to determine whether employees with similar roles, experience and performance earned equal pay.
“Paying our people fairly, regardless of gender or race, enables us to deliver on our commitment to an inclusive environment where we can all be ourselves, contribute ideas and do our best work,” Christine Deputy, chief human resources officer at Nordstrom, said in a press release.
Nordstrom’s next goal is to reach 100 percent pay parity, defined as gender representation at all levels of the company.
The Seattle-based department store chain said it’s nearly reached 100 percent, which it attributes to “strong female representation across the company.”
Its C-suite includes Chief Financial Officer Anne L. Bramman and Chief Accounting Officer and Treasurer Kelly Hall.
There also are five women on its board of directors, including MetricStream CEO Shellye L. Archambeau and TaskRabbit CEO Stacy Brown-Philpot.
“This is an area that we will continue to invest in and be vigilant on because equality and diversity makes us all stronger,” Deputy said.
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