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Courtesy of Salesforce

As part of its second annual audit aimed at closing employee pay gaps, Salesforce has spent about $3 million this year to adjust the compensation of 11% of its employees, the company said on Tuesday. It spent the same amount last year following its first audit.

Beyond gender: Although Salesforce's efforts to close the pay gap began with a focus on gender, the company has added race and ethnicity to its analysis of U.S. employee pay this year. It also took into account bonuses, not just salaries.

Diversity is still a challenge: Nevertheless, Salesforce's employees are still as diverse as the rest of Silicon Valley—meaning, not very. As of last year, women make up 30.1% of all employees, and hold 22.7% of tech jobs and 19.4% of leadership roles. Only 3.9% of employees are Latino, and 2.4% are black, according to Salesforce's diversity website.

Go deeper

Tony Hsieh, longtime Zappos CEO, dies at 46

Tony Hsieh. Photo: FilmMagic/FilmMagic

Tony Hsieh, the longtime ex-chief executive of Zappos, died on Friday after being injured in a house fire, his lawyer told the Las Vegas Review-Journal. He was 46.

The big picture: Hsieh was known for his unique approach to management, and following the 2008 recession his ongoing investment and efforts to revitalize the downtown Las Vegas area.

Dan Primack, author of Pro Rata
2 hours ago - Economy & Business

The unicorn stampede is coming

Illustration: Annelise Capossela/Axios

Airbnb and DoorDash plan to go public in the next few weeks, capping off a very busy year for IPOs.

What's next: You ain't seen nothing yet.

16 hours ago - World

Maximum pressure campaign escalates with Fakhrizadeh killing

Photo: Fars News Agency via AP

The assassination of Mohsen Fakhrizadeh, the architect of Iran’s military nuclear program, is a new height in the maximum pressure campaign led by the Trump administration and the Netanyahu government against Iran.

Why it matters: It exceeds the capture of the Iranian nuclear archives by the Mossad, and the sabotage in the advanced centrifuge facility in Natanz.

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