S&P Global on Pay Equity
Originally published in S&P Global's 2020 Impact Report
S&P Global is committed to equitable pay. Our philosophy is to deliver competitive and fair compensation programs that motivate our people, drive performance and create shareholder value. Transparency around reward-related decisions and practices reflects our commitment to our people-first philosophy and to a rewards structure that is equitable and aligns to our business. As part of that commitment, we conduct annual pay reviews to ensure fair pay for our employees.
To provide greater transparency, we conducted further analyses to assess salary globally. In this further review to determine company-wide pay parity, we compared all employees by country.
We are proud to announce these figures for purposes of transparency, but recognize that the pay equity picture is constantly changing with acquisitions, new hires, promotions, merit increases, transfers and separations. We are committed to continuing to review and enhance our pay processes to ensure fair pay for all of our employees.
- Our Black colleagues in the U.S. are paid on average $1.030 for every $1.00 their white colleagues make in the same jobs.
- Our Hispanic and Latinx colleagues in the U.S. are paid on average $1.014 for every $1.00 their white colleagues make in the same jobs.
- Our Asian colleagues in the U.S. are paid on average $1.048 for every $1.00 their white colleagues make in the same jobs.
