Salesforce CEO: How we can equalize pay “with one button”
On "60 Minutes" on Sunday, Salesforce CEO Marc Benioff tells Lesley Stahl how he bridged pay inequities between men and women.
Details: In 2015, Benioff was skeptical that a pay audit would show a disparity at Salesforce, but it did. He had to spend $3 million on raises for women to erase that gap. After Salesforce acquired other firms, another pay audit revealed the gap had returned. He paid another $3 million in raises to fix it.
- “CEOs with one button on one computer can pay every man and every woman equally. We have the data.
- On the pay gap: “I've had CEOs call me and say, ‘This is not true. This is not real.’ And I'll say to them, ‘This is true. Look at the numbers.’”
- “We're going to have to do this continuously … constantly monitor and keep track."
- "You can't be a great CEO and say that I'm not committed to gender equality today.”