Hired today released its annual State of Wage Inequality in the Tech Industry: Hired’s 2022 Impact Report.
The wage gap – the difference in salaries between two defined demographic groups – across gender and race is narrowing, but still prevalent. Black women continue to see the widest gap among the demographics analyzed.
Every year, Hired’s Impact Report finds there is a strong link between the wage gap and salary expectations of underrepresented candidates.
Hired data continues to show groups who are paid less also expect lower salaries than their White male counterparts – even if they have the same experience.
The sixth annual report analyzes wage and expectation gaps in salary data across gender, race, age and sexuality in the tech industry. The findings are based on Hired’s proprietary data from over 819,000 interview requests and job offers facilitated through Hired’s marketplace from over 3,900 participating companies and more than 120,000 jobseekers in the US, UK and Canada.
“It’s been an ever-shifting and evolving hiring landscape for employers and jobseekers over the last few years – from companies competing and sourcing for talent at a record pace, to the current state of macroeconomic uncertainty driving more measured hiring,” said Josh Brenner, CEO at Hired.
“This report shows that there is still work to be done in ensuring equitable hiring processes to narrow wage and expectation gaps, and companies must prioritize this effort. Post-Great Resignation, companies that are successful in identifying non-traditional talent, while also ensuring diversity and representation in their candidate pipelines, will be better positioned to drive their businesses forward in a time of increased volatility.”
To access the data report, visit the State of Wage Inequality in the Tech Industry: Hired’s 2022 Impact Report.