Nordstrom in big pay milestone — and is near another one as well
Nordstrom has achieved 100% pay equity.
The department store retailer announced it has achieved 100% pay equity for employees of all genders and races, providing equal pay for comparable work. Nordstrom said it evaluated pay equity by analyzing base pay to assess whether employees with similar roles, experience and performance earn equal pay for comparable work.
"At Nordstrom, we are constantly working to create an environment where employees can build long-term and rewarding careers,” said Christine Deputy, chief human resources officer at Nordstrom. “As a part of this, we believe in paying employees fairly for the work they do, and we are committed to delivering on equal pay for comparable work.”
Nordstrom is also committed to pay parity, which it described as a way to measure and report on gender representation at all levels of the company.
“We're at nearly 100% pay parity for men and women, which reflects our strong female representation across the company,” the retailer stated. “We will continue our efforts in this space to build our representation of women at all levels across the organization.”
Nordstrom said it has always been focused on having strong gender representation, paying employees fairly for the work they do and making pay decisions that are free from bias. In the last few years, it has increased its focus in this space, making significant investments to understand how it is doing at a more granular level.
"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,” said Deputy. “This is an area that we will continue to invest in and be vigilant on because equality and diversity makes us all stronger.”