March 29, 2024
(press release)
–
Pay disparities for women and people of color continue to persist in the
In this environment,
We focused this year’s Women’s History Month celebrations and discussions on “Building a Bolder Tomorrow,” and pay equity has served a perfect example of how
In this Q&A,
How does
At
Why is pay equity a priority for
We’ve long understood that our associates are the foundation of our success, and we’re proud to have such strong and diverse associates and leaders in all areas of the organization. This includes strong female representation, with women making up 88% of our workforce. Day in and day out, our associates’ passion and enthusiasm inspire us to continuously improve our business practices and create better and brighter opportunities that empower them to reach their full potential. Pay equity is not a single achievement, but rather a fundamental part of how we empower our people. We also strive to attract top talent by providing a workplace and culture where associates feel fulfilled, included, valued and rewarded their performance, which includes equitable pay. This makes us a smarter, stronger brand. When associates flourish, so does our business and ability to deliver on the power of fragrance and create exceptional customer experiences. What did it take to achieve pay equity? Becoming an equitable pay employer was one of our most important areas of focus at
All of this work was in support of our belief that diversity, equity and inclusion make us stronger, which is a belief we infuse in our culture, business practices and community initiatives. What will you do to maintain fair pay practices for all associates going forward? We’re proud of being an employer that provides equal pay for equal work, and we're committed to ensuring that this continues. Since enacting these equitable pay practices, we’ve conducted regular analysis of associates’ pay to ensure they continue to be compensated fairly in addition to reinforcing our cultural values across the company. We have inclusion by design – including documented processes and tools we share with our hiring managers to explicitly drive equity in compensation. Our HR teams are trained to ensure we mitigate bias in our HR and managerial practices. We will continue our focus on providing pay equity for all our associates. Distribution Settings Markup Date and Time are ET. We may take up to two hours to approve confirmed content. Content is reviewed for publishing: Monday-Wednesday
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