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Intel Doubles Bounty for Referring Female, Minority, and Veteran Employees

Accepted submission by takyon at 2015-08-04 20:39:23
Business

According to the Wall Street Journal [wsj.com], Intel is doubling referral bonuses for women, minorities and veterans. Employees can receive $4,000 bonuses for suggesting candidates that meet the company's diversity goals. Intel had previously pledged $300 million over the next five years to address "Silicon Valley's disappointing diversity numbers," and has set a goal of "full representation" of women and under-represented minorities by 2020:

The new programs at Intel and across the tech sector come as companies report little-changed diversity numbers [wsj.com]. Intel's diversity statistics for 2014 showed 24 percent of Intel employees are female [intel.com]. The company is also predominantly white and Asian, with only 3.5% black and 8% Latino employees. The company did not include statistics about veterans in its report.

Christine Dotts, a spokeswoman for Intel, said in an email that higher recruiting bonuses have been used by the company in the last decade, but she declined to comment on when or how much the bonuses were for.

Also at The Register [theregister.co.uk].


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