Intel Corporation today released its 2016 Diversity in Technology mid-year report, which illustrates its progress in the first half of this year toward its commitment to achieve full representation of women and underrepresented minorities (URMs) in its U.S. workforce by 2020.
The report shows that Intel’s hiring of underrepresented minorities is progressing in the right direction, while female representation and retention are trending positively. In addition, Intel created several new programs designed to improve retention of diverse talent and foster a culture of inclusion. For the first time, Intel has evaluated pay data across races/ethnicities achieving 99 percent pay equity for URMs, a gap that the company is working to close in second half of 2016.
Intel’s diversity and inclusion goals are backed by a $300 million Diversity in Technology Initiative that includes increasing the company’s spending with diverse suppliers, investing and transforming the education pipeline, and combating online harassment.