GoDaddy 2023 Sustainability Report: Our Employees - Pay Parity

Rhea-AI Summary

GoDaddy's 2023 Sustainability Report highlights the company's ongoing commitment to pay parity. For the ninth consecutive year, GoDaddy achieved global gender pay parity, and for the seventh year, ethnicity pay parity in the U.S. The report states that women earn $1.00 for every $1.00 a man earns at the company level. For U.S. employees, individuals of color earn $1.01 for every $1.00 earned by white employees. Despite these milestones, discrepancies exist in specific roles and demographics, with non-binary employees making $0.97 and certain ethnic groups like American Indians earning $0.96 compared to their peers.

Positive

• GoDaddy achieved global gender pay parity for the ninth consecutive year.
• Ethnicity pay parity in the U.S. has been maintained for the seventh year.
• Women earn $1.00 for every $1.00 a man earns at the company level.
• People of color earn $1.01 for every $1.00 a white employee earns in the U.S.
• Pay parity is maintained across multiple career levels and technical roles.

Negative

• Non-binary employees earn $0.97 compared to their peers.
• American Indian employees earn $0.96, indicating pay disparity within this group.
• Leaders (Directors and above) show a slight pay disparity, with women earning $0.97.
• Hispanic and Black employees earn $0.99 and $0.98 respectively, showing room for improvement.

NORTHAMPTON, MA / ACCESSWIRE / June 13, 2024 / GoDaddy

Originally published in GoDaddy's 2023 Sustainability Report

Pay Parity

A critical part of building a more inclusive and equitable company is ensuring that employees are paid fairly for doing the same kind of work, regardless of demographics. Reporting pay parity data shows our current and prospective employees that we're committed to equal pay for equal work.

In 2015, GoDaddy was among the first companies to announce and publish our pay parity results, and we're proud to achieve gender pay parity (globally) for the ninth year in a row and ethnicity pay parity (in the U.S.) for the seventh year in a row.¹

While GoDaddy's pay parity target is $1.00 for $1.00, a few cents on either side of a dollar is considered an equitable result. This is due to the analysis being a single point in time data set, which includes total compensation awarded, such as annual bonuses and equity grants, all of which are variable and impacted by employee performance.

In 2023, we continued to partner with a third-party expert to execute a multivariate regression analysis that accounts for variables like performance and length of time in a role, which are considered reasonable explanations for differences in pay.² This supports our efforts in applying appropriate and accepted methods and standards to our analysis and mitigations.

Gender Compensation Data

GoDaddy-wide, for every $1.00 a man makes, a woman makes the same. We continually achieve pay parity for men and women globally across various career levels and for non-binary employees as well.³

All Company

• 2023 Women: $1.00
• 2022 Women: $1.00

Leaders (Directors +)

• 2023 Women: $0.97
• 2022 Women: $0.97

Technical roles

• 2023 Women: $1.00
• 2022 Women: $0.99

Non-tech roles

• 2023 Women: $0.99
• 2022 Women: $1.00

Non-binary

• 2023 Non-binary: $0.97
• 2022 Non-binary: $1.01

U.S. Race and Ethnicity Compensation Data

Our U.S. pay data shows that at the company level, for every $1.00 a white employee earns, an employee of color earns $1.01. In 2023, while we achieved pay parity across multiple career levels, we found that pay varies by employee ethnic group in the U.S.⁴ We continue to study the data to understand how we compensate employees from different underrepresented groups to ensure fairness.

All Company

• 2023 People of Color: $1.01
• 2022 People of Color: $1.01

Leaders (Directors +)

• 2023 People of Color: $1.02
• 2022 People of Color: $1.03

Technical roles

• 2023 People of Color: $1.01
• 2022 People of Color: $1.02

Non-tech roles

• 2023 People of Color: $1.00
• 2022 People of Color: $1.00

A Closer Review U.S. Race and Ethnicity Compensation Data

American Indian

• 2023 People of Color: $0.96
• 2022 People of Color: $0.97

Asian

• 2023 People of Color: $1.05
• 2022 People of Color: $1.04

Black

• 2023 People of Color: $0.99
• 2022 People of Color: $0.98

Hispanic

• 2023 People of Color: $1.01
• 2022 People of Color: $1.00

Pacific Islander

• 2023 People of Color: $1.02
• 2022 People of Color: $1.02

Multiracial

• 2023 People of Color: $0.99
• 2022 People of Color: $0.99

To learn more, read our 2023 Sustainability Report.

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About this Report

The GoDaddy 2023 Sustainability Report details our progress toward our corporate sustainability goals, strategies, and initiatives in support of our overarching corporate mission and values. Unless otherwise noted, this report reflects our corporate sustainability performance across our global operations covering the fiscal year period from January 1 to December 31, 2023. To demonstrate our commitment to transparent communication regarding our sustainability progress, we routinely share updates through our website and our annual Sustainability Report. We welcome your questions, comments, and feedback on this report by contacting ESG@GoDaddy.com.

This report references the Global Reporting Initiative (GRI) Standards and includes select Sustainability Accounting Standards Board (SASB) metrics for the Internet Media and Services sector. We also disclose our contributions and progress toward priority UN SDGs. For additional information on how we align with these frameworks and key indicators demonstrating our sustainability performance, please review the Frameworks and Metrics section.

¹We define achievement of pay parity as pay that is equal to, or a few cents on either side of, a dollar.

²All data is based on end-of-year global employee population data and includes total direct compensation received in 2023, such as base salary, company bonuses and equity awards. In 2022, we broadened our definition of ‘similar work,' requiring one man and one woman in the same job level. We include employees who have declined to provide their personal demographic data, allowing us to evaluate our whole organization.

³We define achievement of pay parity as pay that is equal to, or a few cents on either side of, a dollar.

⁴We define achievement of pay parity as pay that is equal to, or a few cents on either side of, a dollar.

View additional multimedia and more ESG storytelling from GoDaddy on 3blmedia.com.

Contact Info:
Spokesperson: GoDaddy
Website: https://www.3blmedia.com/profiles/godaddy
Email: info@3blmedia.com

SOURCE: GoDaddy

View the original press release on accesswire.com

FAQ

What is GoDaddy's achievement in gender pay parity for 2023?

In 2023, GoDaddy achieved gender pay parity globally, with women earning $1.00 for every $1.00 a man earns.

How long has GoDaddy maintained ethnicity pay parity in the U.S.?

GoDaddy has maintained ethnicity pay parity in the U.S. for the seventh consecutive year in 2023.

What is the pay parity status for non-binary employees at GoDaddy in 2023?

In 2023, non-binary employees at GoDaddy earned $0.97 compared to their peers.

Which ethnic group shows a pay disparity in GoDaddy's 2023 report?

American Indian employees show a pay disparity, earning $0.96 compared to other groups.

How does GoDaddy ensure pay parity?

GoDaddy partners with a third-party expert to execute multivariate regression analysis to account for variables like performance and tenure, ensuring pay parity.

What pay parity has GoDaddy achieved for women in leadership roles?

In leadership roles, women at GoDaddy earned $0.97 for every $1.00 a man earns in 2023.

What is the pay disparity for Hispanic employees at GoDaddy?

Hispanic employees at GoDaddy earned $1.01 for every $1.00 earned by white employees in 2023.

What methodology does GoDaddy use for pay parity analysis?

GoDaddy uses a multivariate regression analysis, conducted by a third-party expert, to ensure pay parity across variables like performance and tenure.