Nordstrom says it has reached 100% pay equity for employees of all genders and races.
The Seattle-based retailer said it evaluated pay equity by analyzing base pay to assess whether employees with similar roles and experience earn equal pay for comparable work.
The company said it is nearly at 100% on pay parity, which it defines as a way to measure and report on gender representation at all levels of the company.
"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,” says Christine Deputy, Nordstrom’s chief human resources officer. “This is an area that we will continue to invest in and be vigilant on.”
Nordstrom operates 379 stores in 40 states, Puerto Rico and Canada, including 119 full-line stores and 249 off-price Nordstrom Rack stores. It employs 74,000 workers.