Gap Inc celebrated Black Women’s Equal Pay Day 2021. To help break systemic barriers, Gap Inc. is committed to continually building a truly inclusive company dedicated to fostering a culture of belonging for all our employees, customers, and the communities we serve. Our continued partnerships with Harlem Fashion Row, Black in Fashion Council, and the 15 Percent Pledge are just some of our efforts to promote long-lasting change alongside key partners and industry peers.
3rd August is Black Women’s Equal Pay Day, which draws attention to the disappointing reality that in the United States, Black women earn just $0.62 for every dollar compared to white men. The wage gap facing women of color—particularly Black women—is directly tied to disparities across education, healthcare, access to childcare, and homeownership.
Equal pay for the employees is standard practice at Gap Inc., and the company believes that when the business succeeds, it can become a stronger voice for equality and inclusion around the world. The company’s leadership in gender equity comes from a relentless focus on inclusion. For four consecutive years, the company has been listed in Bloomberg’s Gender-Equality Index.
In 2014, GAP Inc was the first Fortune 500 company to validate that we pay women and men equally with an external firm. Since then, we’ve conducted annual reviews of our pay data by gender. Starting in 2020, we had an external firm assess our pay data by race and ethnicity for all U.S. employees who have identified their race or ethnicity. The external firm found no statistically significant underpayment of People of Color relative to White employees in the U.S., controlling for relevant factors (e.g., job level, geographic differences in labor cost, job tenure).