Equal Pay Day highlights the persistent gender pay gap in the United States. While women earn 82 cents for every dollar earned by men when comparing all workers, the gap narrows to 98 cents when comparing men and women in the same jobs and with the same qualifications. Racial pay gaps also exist, with American Indian and Alaska Native women earning just 69 cents for every dollar earned by white men, showing no improvement from the previous year. To address these inequalities, Mastercard has introduced a new executive compensation structure tying pay to goals around financial inclusion, gender pay parity, and carbon neutrality.

1. EQUAL PAY DAY
March 24, 2021

2. What are we measuring?
UN Sustainability Goal #5 -
Gender Equality
Gender equality is not only a fundamental human right,
but a necessary foundation for a peaceful, prosperous
and sustainable world.
WEF Global
Gender Gap
Index 2020
rankings -
United States 53
Political
Empowerment
Education
Attainment
Economic
Participation and
Opportunity
Health and
Survival

3. How are we doing - EQUAL PAY?
Uncontrolled Gender Pay Gap
This “opportunity pay gap” measures median
salary for all men and all women.
0
0.25
0.5
0.75
1
Opportunity Pay Gap
0.82
1
Male Female
Source - Payscale 2020
Occupational segregation is one large driver of
the overall pay differences between men and
women.

4. How are we doing - EQUAL PAY?
Controlled Gender Pay Gap
This measures median salary for men and women
with the same job and qualifications.
0
0.25
0.5
0.75
1
Controlled Pay Gap
0.98
1
Male Female
Source - Payscale 2020

5. How are we doing - EQUAL PAY?
Racial Pay Gap Example
Uncontrolled Pay Gap
0
0.25
0.5
0.75
1
Uncontrolled Pay Gap
0.69
0.86
1
White Male
American Indian & Alaska Native Male
American Indian & Alaska Native Female
Possibly influenced by the COVID-19
recession, this pay gap has worsened by 6
cents from last year for women, when
American Indian and Alaska Native
women had a pay gap of $0.75.
American Indian and Alaska Native
Source - Payscale 2020

6. How are we doing - EQUAL PAY?
Racial Pay Gap Example
Controlled Pay Gap
0
0.25
0.5
0.75
1
Controlled Pay Gap
0.97
0.99
1
White Male Black Male
Black Female
African American / Black
Source - Payscale 2020

7. Call for Action - Board &
CEO Activism
Source - Mastercard
New Executive Compensation Structure
Builds on Mastercard’s pledge to achieve net zero
emissions by 2050 and commitment to bring 1
billion people and 50 million small businesses into
the digital economy by 2025
Targeted at EVPs and Above
Structure focused on goals around
Financial inclusion
Gender pay parity
Carbon Neutrality