*Our Index utilizes binary measurements, where ✓ represents a score of 1, and ✘ represents a score of 0.
*All links are valid as of April 2024
*Our Index utilizes binary measurements, where ✓ represents a score of 1, and ✘ represents a score of 0.
*All links are valid as of April 2024
American Express, a multinational financial services corporation, has been ranked as a TRAILBLAZER on the Women’s Power and Influence Index.
American Express achieved 100% pay equity as of 2020. American Express incorporates inclusive hiring practices and is committed to recruiting candidates from diverse backgrounds. To support employees’ work-life balance, American Express offers paid parental leave. In 2022, American Express held events to celebrate International Women’s Day and invited speakers to discuss the importance of intersectionality and DEI.
As of 2022, women constitute 63.7% of the workforce and 41.13% of leadership. The fraction of women in American Express’s workforce increased 15.2% from 2021 to 2022 with the fraction of women in leadership increasing 4.4% between these years as well.
Information related to subsidized child care could not be found or did not meet the Index’s criteria standards.
“At American Express, we have a longstanding commitment to pay all colleagues equitably and that our compensation practices are free from bias. To help meet that commitment, we regularly review our compensation practices to ensure they support pay equity and transparency.” Ref: Pg 1, American Express Pay Equity
“Additionally, each year, American Express works with an independent third-party to conduct a comprehensive pay equity review. The review assesses pay on a statistical basis and considers a multitude of factors known to impact compensation, including but not limited to, tenure, role, level, geography and performance. In recent years, this review has covered our entire global colleague base. The review process identifies inconsistencies in pay based on gender globally and based on race and ethnicity in the United States. Where necessary and appropriate, salary adjustments are made to address these inconsistencies.” Ref: Pg 1, American Express Pay Equity
“In 2019, the goal of our review and subsequent adjustments was to achieve pay parity, meaning differences in pay were statistically insignificant. In 2020, we went even further and made additional investments to achieve 100% pay equity for colleagues across genders globally and across races and ethnicities in the United States. All necessary and appropriate salary adjustments were made to achieve 100% pay equity.” Ref: Pg 1, American Express Pay Equity