As a multinational company, Micron knows that real innovation comes from our employees’ distinct experiences, perspectives and backgrounds.
Micron makes many significant investments in our business, but few are more important than those we make in employees. We are committed to providing equal salary to men and women in similar roles in all our worldwide locations. At the start of FY19, we invested $2.3 million in additional compensation to ensure less than a 1% difference. We will continue to prioritize salary parity across our workforce and invest the funds needed to address any gaps that may exist.
We work diligently to attract the broadest possible talent pool in the regions where we operate. A growing focus on recruiting from universities and programs that yield high rates of women and minority candidates is helping us assemble a workplace that is rich in many forms of diversity. At the same time, we cultivate an inclusive culture in which all employees can grow and thrive.
Recognizing that this work has no finish line, we challenge ourselves to further embed diversity and inclusion into the way we operate. Micron CEO Sanjay Mehrotra is a vocal advocate for diversity and a signatory to the CEO Action for Diversity & Inclusion. Micron recently established a standalone diversity and inclusion (D&I) function with employees in the U.S. and Japan. Strategic and tactical bodies bring business insight, ambassadorship and accountability to the effort. These include the D&I Executive Council, comprising key Micron executives, and the D&I Advisory Committee, with representatives spanning a wide range of Micron functions and locations.
Micron supports employees directly through the funding and endorsement of employee resource groups (ERGs). These groups provide mentorship, networking and visibility to specific populations within the organization. Currently, more than 3,000 Micron employees have joined an ERG, with more than 28 chapters across the globe.
In 2018, we released gender and race/ethnicity statistics within Micron to ignite dialogue among our employees, publishing the information in our first annual diversity and inclusion report. The report provides a baseline for tracking the company’s progress by examining a variety of factors, including gender, race/ethnicity, compensation, job roles, flexibility and philanthropy. It allows us to share achievements such as reaching increased levels of diversity in markets like Singapore, where 30% of engineers are women, as well as creating transparency and accountability in areas for ongoing focus, such as increasing representation of women in leadership roles.
