Jul 16, 2019

Uber ties some executive pay to diversity goals

Uber has said it will link pay for some senior executives to progress made toward improving diversity. Diversity will be used as one "Key metric" to assess performance and determine executive compensation for senior leaders, the firm said. Other tech firms including Microsoft have also tied some executive pay to improving diversity. "From our corporate offices to our driver-partners across the globe, diversity is one of our greatest assets," Uber said in its 2019 diversity report. In addition to increasing the number of women at higher levels, Uber said it wanted grow the number of "Underrepresented employees" at lower grades to 14%. The report did not give further details on how executive compensation would be calculated if senior leaders failed to meet diversity targets.

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