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Uber links executives’ bonuses to diversity targets

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Uber links executives' bonuses to diversity goals

Uber has announced it will link bonuses to its chief executives and senior staff to meeting diversity targets. Diversity will be a “key metric” in assessing overall performance of the company and if senior staff should receive a contribution to their salary.

This is according to Uber’s 2019 diversity report. The ride-hailing firm said its aim is to increase the number of women in senior roles to 35 per cent by 2022 as well.

The company also wishes to grow the number of “underrepresented employees” at lower grades to 14 per cent.

 

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The report did not give any details of how executive compensation would be calculated if senior leaders failed to meet diversity targets.

Uber said:

From our corporate offices to our driver-partners across the globe, diversity is one of our greatest assets.

Uber over recent years has experienced some severely negative press, as co-founder Travis Kalanick resigned due to pressure from shareholders in 2017. Owing to sexual harassment scandals and a macho culture involving Mr Kalanick.

In the same year, Uber came under investigation from the US Equal Employment Opportunities Commission due to accusations of gender discrimination.

Under new CEO, Dara Khosrowshahi, the company has somewhat repaired its hiring process and its review and compensation practices but still has numerous problems to tackle.

Interested in implementing inclusivity and diversity within the workplace? We recommend Unconscious Bias in the Workplace

Darius is the editor of HRreview. He has previously worked as a finance reporter for the Daily Express. He studied his journalism masters at Press Association Training and graduated from the University of York with a degree in History.

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