Cisco has published the 2023 Ireland Gender Pay Gap Report , detailing key data and insights on the factors that influence an equitable talent environment. Understanding the many factors influencing differences in pay, and the fairness and inclusivity of an organisation's compensation system is a complex issue. This report serves as a brief summary of our longstanding commitment to compensation fairness and an overview of our progress in accelerating inclusion and equitable access to opportunity in Ireland.
The Gender Pay Gap Information Act requires employers in Ireland with 250 or more employees to publish calculations annually showing the pay gap between their employees who identify as men and women.
The Ireland Gender Pay Gap is a basic calculation of the percentage difference between average hourly earnings for men and women, regardless of the work they do. Earnings include base pay, allowances and any other bonus and incentive pay, using a snapshot date in June 2023 and data from the preceding 12 months. For Cisco Ireland reporting, the snapshot was 24 June 2023.
The pay gap is not a measurement of equal pay. It is one basic measure across all jobs, not a measure of the differences in pay between men and women doing similar work. As a result, this report will show a gender pay gap even if those who identify as men and women are paid fairly in comparable roles. The unequal gender representation in more senior technical roles, which offer higher compensation and rewards, is reflected in the gender pay gap.
At Cisco, we've built an innovative framework to test our complex compensation system and its overall health. Our regular reviews look at key factors that influence an equitable talent environment, with the goal of designing and delivering fair and equitable pay throughout the entire employment life cycle