At Cisco, pay parity means that our people are paid fairly. We’ve always had policies and practices for fair, competitive, and performance-driven pay. Two years ago, we decided to significantly expand our capabilities to help make sure that our inclusive intentions result in equitable pay decisions.
We’re proud of our findings, as they revealed a healthy and equitable compensation system with only minor disparities. A very small number of employees received pay adjustments – just over 1 percent globally with adjustments representing less than 0.02% of our global payroll.
At Cisco, we are focused on integrating inclusion and diversity best practices in order to deliver innovative solutions in many critical areas, including pay parity and recruiting diverse talent. We are also deeply committed to advocating for inclusion and diversity in our communities, and across our industry.