"McDonald's said it intends to eliminate the pay gap between men and women in the same positions by 2022. The company decided to invest further in equal pay after learning that women around the world earn slightly less than men at McDonald's, Fox writes.
A 2021 analysis of pay at the fast-food restaurant chain found that women earn 99.85 cents per dollar of men's wages at similar jobs under equal conditions. Given that women make up 54 percent of McDonald's employees worldwide, the company has a vested interest in ensuring an equal level of income for employees.
"McDonald's, according to Debbie Ballard, vice president of global business services, has included in its growth strategy not only reducing gender wage disparity, but also creating training and development programs for employees and hiring internationally trained professionals.
Meanwhile, according to the U.S. Bureau of Labor Statistics, on average, women make less than half of corporate employees in America and earn 82 cents on the dollar compared to white men with a similar education. While the wage gap with black and Hispanic women is much larger than the average.
According to the World Health Organization, the economic downturn caused by the coronavirus pandemic affected women more than men. Women were more likely to be laid off or laid off, and many were forced to leave their jobs to babysit children transferred to distance education.