Match Group's CEO Audited the Company's Payroll to Make Sure She Was Paying Women Equally and Was Surprised at the Results
- When Mandy Ginsberg took over as CEO of Match Group she vowed to make sure the company was welcoming to women.
- She knew she had to audit the company's payrolls to make sure that women were paid equally to men.
- She hired an outside auditor and was so shocked when they told her that Match was paying women 100% equally that she made the auditor double check the results.
- She now credits one of her long-held leadership practices on how to deal with employee pay.
When Mandy Ginsberg took over as CEO of online dating juggernaut Match Group in mid-2017, she was determined to alter the perception of the industry as a "bro culture" world.
And one step she made was to audit the salaries of her own workforce, which is now 1,500 people, to see if she was paying women and men equally for equal work.
She was shocked to discover that at her company — the largest operator of dating apps with brands like Tinder, Match, Plenty of Fish and dozens of others — her female employees were 100% equally paid, according to the findings by a third-party auditor.
Paying people equally for the work that they do, regardless of their gender, has been required by law since the Equal Pay Act was passed in 1963. And yet women still earn 80 cents for every $1 that men earn, and are often underpaid even for equal work.
Ginsberg didn't just want to give lip service to her internal audit. She hired outside auditor, Syndio, to examine the pay rates of her workforce which is 36% female. The firm didn't just look at job title but grouped employees by what their jobs entailed. If it found a difference in pay between genders, it looked at other non-gender factors such as tenure, education, years of experience to determine if that explained the gap.
And often, it doesn't. Salesforce famously audited its workforce, not just once but twice over the past couple of years and issued $6 million in raises to women and agreed to publicly discuss its process, becoming the poster child for equal pay. The second audit and adjustment was done after Salesforce grew its employee base substantially through acquisitions, CEO Marc Benioff previously told Business Insider.
Match has also grown dramatically through acquisitions. So, when the consultants told Ginsberg that their analysis had found no discrepancy, Ginsberg was so surprised she demanded the third-party auditor go back and check the data again. They did and the results stood.
It was a light-bulb moment for Ginsberg. Although she's only been in the top CEO role for a year and a half, she spent the last half dozen years as the executive in charge of a number of Match's biggest businesses, including Match.com, Match Affinity, Plenty of Fish, OKCupid.
And one of her "guiding principals" has been to offer pay and raises based on people's value to their company "whether they ask for it or not," she said in the press release.
In other words, she hasn't turned compensation into a negotiating game, granting raises only when someone asks. She has simply paid people what the company was willing to pay them and rewarded them without asking for a job well done. And now, she's not only published the results but is speaking out and advocating for this method.
"So often and in so many businesses, women don't make compensation demands. And until we raise our daughters to make those demands, we, as leaders, need to be proactive and methodical about how we think about compensation," she said.
Below is an article originally written by Nate Rattner at PowerToFly Partner SeatGeek. Go to SeatGeek's page on PowerToFly to see their open positions and learn more.
Welcome to SeatGeek Employee Spotlights - an opportunity to meet the fantastic folks on our world-class team.
By day, we're a group of talented developers, designers, marketers, and businessfolk working together to build something new and different. We represent live event junkies of every kind: diehard sports fans, passionate concert-goers, sophisticated theater enthusiasts, and more. From our lives outside the office and before SeatGeek, we all have interesting stories to tell.
Up next: Jamie Hooker, our Director of Talent.
Name: Jamie Hooker
Role: Director of Talent
Where were you born?
I was born in Georgia - outside of Atlanta.
Have you always lived in NYC?
No — I've lived in close to 10 places, but have been in New York for almost three years. I came to New York from Wisconsin, and was in Tennessee before that, and Colorado before that — Colorado will always be home, though.
Where did you go to school?
I went to Vanderbilt — go 'Dores! I'm one of a few Vanderbilt folks here, and actually wasn't the first Vandy hire — Ben Clark holds that title. There are four total now, and hopefully we can add more to that count!
Where is the weirdest place you've ever lived?
I don't think I've lived anywhere very weird, but when I was little, we lived in France and Belgium, which is unique I suppose. I was there for a couple years when I was a toddler so my memories are pretty limited — we moved back to the states when I was about 5 years old.
Any funny roommate or apartment stories in NYC?
When I first moved to New York, we decided to turn our living room into an additional bedroom, as many people do, to make our apartment more affordable. I was lucky enough to be able to live in the extra room — my "lean-to." I had to get a wall built, and for some reason there was a really big disconnect between my landlord and the wall company, and I ended up living without a wall for my first two months here. Basically, you'd walk into the apartment and be in the living room, the kitchen, and my bedroom at the same time. The wall is still there, and I'm still in the same apartment, but I've since upgraded rooms.
What's the best project you've worked on at SeatGeek?
Being involved with hiring so many people in one year was really exciting — we hired around 50 people, more than doubling the size of SeatGeek. Of course, there were a lot of people who were a part of that, but being able to be involved was really exciting. Seeing that SeatGeek had gotten to a point that we were really taking off was so cool.
What are three "fun facts" about yourself that people would be surprised to know?
1. I have not always been a Broncos fan — shocking, I know. I did not become a Broncos fan until I moved to Colorado in the fifth grade — prior to that, I have a vivid memory of the Broncos and Falcons playing in the Super Bowl and rooting for the Falcons. I try not to remember my pre-Broncos era — I think I've seen the light since then.
2. I really, really love the Nathan's Hot Dog Eating Contest on the 4th of July — it's one of my favorite American pastimes. I went to the event the first 4th of July I spent in New York, and Joey Chestnut won that year, but he didn't break the record. It was the first time they split the contests into Men's and Women's competitions, and Sonya "The Black Widow" was the female champ.
3. I lived in Europe as a child, but I guess you knew that already.
Any favorite place(s) to hang out in NYC?
I like to watch sports at my favorite sports bar, Triona's — any time there's a major game going on or if it's an NFL Sunday, you can find me there. It's become a really fun gathering place for me and my friends. Other than that, I'm probably eating out. I do that a lot, and keep a running list of places so that I can get to as many different restaurants as possible. I'm also really lucky that my building has a nice courtyard, so I spend a lot of time eating dinner outdoors or drinking a glass of wine out there.
What's the best vacation you've ever taken?
Last fall I went to Thailand and we split up time between several different cities — they were all pretty amazing and wonderful in their own right. But the bulk of the trip was spent on an island for some beach time — it was really nice to be literally on the other side of the world. And I got to play with elephants, which was a big highlight.
Do you have a favorite SeatGeek snack?
I have two favorite snacks — one is Babybel cheese and the other is chocolate, which we always have a really nice selection of. They serve very different snack purposes in my life, but they're equally important.
Why do you love SeatGeek?
I love SeatGeek because of the people who work here. Everyone really believes in SeatGeek as a product, and you can tell that people here are really passionate about what we do. People are really driven and work really hard, and it's very easy to believe in the mission and what our product stands for. People are also really great from a social aspect as well — they hang out with each other, get along well, and I enjoy spending time with my coworkers. It's exciting that we can all work together on something that's so cool.
What is your favorite part of the new office?
I still need to do some more exploring — I like so much of it — but I think the stadium seating is really cool. Not only is it great because it gives everyone in the company a really nice spot to congregate, but I think it will be really great for hosting events. It's perfect for hosting meetups or recruiting events.
Thales was an active participant at the Women's Forum Global Meeting in Paris. The Group's participation took place within the framework of its proactive Diversity policy which will help foster innovation and creativity through a greater variety of approaches, perspectives and ideas.
Are you interested in learning more about Thales and their commitment to diversity and inclusion?
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Below is an article originally written by Angie Ramirez at PowerToFly Partner BuzzFeed, and published on April 26, 2017. Go to BuzzFeed's page on PowerToFly to see their open positions and learn more.
On Thursday March 30th, the Women in Tech group at BuzzFeed hosted a happy hour for women software engineers, product managers, project managers, designers, product support and IT team members, together responsible for maintaining the smooth operation of our internal technology tools, BuzzFeed's website and apps, and social media sites. The event featured bounteous wine, non-alcoholic beverages, and a melange of vegetable, cheese, and hummus plates, but more importantly, the opportunity for the women of BuzzFeed Tech to have a safe, comfortable space to get to know each other, talk about their current work, and develop relationships that are often crucial to the long-term success of women in technology, an underrepresented group in the industry (30% of BuzzFeed Tech identify as women or gender neutral).
New York City Women In Tech Happy Hour
After half an hour of casual conversation, Adrienne Fishman, a software engineer who has been at BuzzFeed for two years, led the group in a game that helped us get to know one another a bit better. The game involved learning who in the group you shared certain similarities and differences with, and sparked connections amongst the women that might not have been made in our typical day-to-day. As the game went on, laughter reverberated around the room as attendees shared statements ranging from, "I've never dyed my hair," to more personal statements about family, past work experiences ("I've never had a female boss"), and emotional well-being.
Concurrently, BuzzFeed Women in Tech in our Minneapolis office held their own event at the cocktail room of a local craft distillery. Attendees swapped stories about work, life and all that lies in-between; there were plenty of opportunities for both bonding and mentorship over mojitos and mocktails. It was the perfect opportunity to get to know one of Minneapolis's latest women developer hires, Laura Wright, who started in Minnesota last week.
Minneapolis Women In Tech Happy Hour
The event in New York City concluded at 6pm, but many women stayed to enjoy more wine, snacks, and conversation. I personally met several others I'd never spoken to, but had seen often around the office, whom I now feel comfortable coming to for advice, coding help, and friendship. Past and future women-focused tech events have and will include a small-group conversation with Todd Levy, BuzzFeed Chief Technology Officer, a conversation with Gilad Lotan, Vice President of Data Science, various volunteering events, and of course, more happy hours.
For profiles of some of our women in technology, check out "25 Ways To Dress Like A Tech Employee"
The following people helped the author by providing feedback before the story was published: Thanks to Jessie Wu.