Intel said today that 43.4 percent of its new hires in the first half of the year were either women or underrepresented minorities, according to the company’s 2016 Mid-Year Diversity and Inclusion Report.
The data shows that Intel, which is trying to set an example for the entire tech industry, has made progress toward its goal of reaching full representation of women and underrepresented minorities in its U.S. workforce by 2020, as part of its $300 million Diversity in Technology initiative. Diversity was a big topic at our GamesBeat 2016 event last week.
“One of the biggest learnings we’ve had this year was that, while there are positive trends in the hiring of underrepresented minorities and our representation of women, we have a ways to go on our journey to making Intel a truly inclusive place,” said a post by three of Intel’s leaders, including CEO Brian Krzanich. “Through data we’ve gathered, conversations we’ve had with employees around the world, and new initiatives we’ve launched, we know we have more work to do to make Intel a place where every employee can bring their full selves to work, and where everyone is heard, valued, and feels they belong.”
The report also reveals for the first time Intel’s analysis of pay data across races/ethnicities. The world’s biggest chip maker said that the company has achieved 99 percent pay equity for underrepresented minorities. Within the next quarter, Intel will work to close this gap and achieve 100 percent pay parity across the board.
Intel said underrepresented minority hiring grew from 11.8 percent in 2015 to 13.1 percent in the first half of 2016. Overall, underrepresented minority representation declined slightly from 12.4 percent to 12.3 percent. (It’s worth noting that Intel is in the midst of cutting 12,000 jobs).
In the first half of 2016, 34.1 percent of Intel’s hires were women, down slightly from 35.1 percent in December 2015. And overall, female representation stands at 25.4 percent, up from 24.8 percent in 2015.