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Intel Says It Will Share Pay Data Most Companies Keep Secret

  • No other big banks, tech companies say they will disclose
  • U.S. government not likely to collect data after this year
Julie Ann Overcash
Julie Ann OvercashSource: Intel Corporation

Intel Corp. says it will publicly release employee pay data, broken down by race and gender later this year. For the first time, every company with more than 100 employees is required to report the same to the Equal Employment Opportunity Commission, but the agency keeps the filings private, unless a company voluntarily discloses it.

“The risk of releasing this information is backlash over the data not being where you want it to be,” Julie Ann Overcash, Intel’s vice president of human resources and director of compensation and benefits, said by email. “You must be willing to put yourself out there as a company that can withstand criticism to achieve real progress.”