Intel tackles diversity problem through referral bonuses

LeadOn:Watermark's Silicon Valley Conference For WomenIf the Ellen Pao case showed us anything, it’s that Silicon Valley is still very much a (white) boy’s club. In response a number of industry leaders including Apple, IBM, and Google, have pledged anywhere from $50 million to $300 million to boost the level of diversity in their workplaces. Intel is the latest firm to address the issue by doubling the referral bonus for any employee that successfully recruits a female, minority or veteran into the company to a whopping $4000. This is part of Intel’s $300 million pledge to diversify its workforce.

"Intel is committed to increase the diversity of our workforce," Intel said in a statement. "We are currently offering our employees an additional incentive to help us attract diverse qualified candidates in a competitive environment for talent." Women only make up 20 percent of Intel’s current workforce, less than half of the national 47 percent average. Only 45 percent of its workers were black, latino or veterans — more than half of the company is white males.

[Image Credit: Getty Images for LeadOn:Watermark’s Silicon Valley Conference for Women]

Note: Comments have intentionally been turned off for this article as the internet is filled with numerous racist, misogynistic jerks that insist on ruining things for the rest of us.

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Source: CNN Money

Tags: apple, bonus, boysclub, diversity, google, intel, minorities, money, referral, siliconvalley

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