Ensure equity in our compensation practices.
In 2020, we conducted a disparate impact analysis for all associates in the US and professional staff internationally. This is a common practice that is done in the US, but it is unique that TPI chose to do this globally. Disparate impact analysis is a process by which companies ensure that there are no unintended differences in base compensation between associates in the same job. A linear regression model is used to compare associates through a diversity lens to ensure there are no unintended outcomes of internal compensation decisions and practices.
The results of this analysis were indicative that our compensation practices across all underrepresented groups were fair as less than 1% of our US-based associates and less than 1.5% of our international associates required adjustments.
Deane Ilukowicz, Chief People Officer
As a global business, all of us at TPI have an incredible opportunity to benefit from the diversity we have in our company. We can and will do more to maximize the positive impact that inclusion, equity, diversity and creating a culture of belonging can bring. I commit to listen, learn and work together to take meaningful action for lasting change.