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Samsung: Workforce Diversity and Inclusion in 2021

Industry: Consumer Electronics
Current: ESG

In 2021, Samsung reported 36.3% women participation in its workforce, a decrease of 1 percentage point over 2020
In 2021, Samsung reported 6.5% women participation in senior management, an increase of 0.2 percentage points over 2020
Samsung aims to remunerate all employees equally for work of the same value, regardless of gender

In an organization, diversity, equality, and inclusiveness (DEI) assist bring diverse viewpoints and ideas to build more innovative, productive, and resilient businesses. At all stages of the employment relationship, including hiring, retaining employees, promoting them, compensating them fairly, and giving them access to training and skill development, it also helps to ensure that everyone has the same opportunities and is treated fairly.

The gender gap in organizations has narrowed over the past three decades, giving more effortless labour mobility worldwide. There has also been an increasing global awareness regarding the right to a dignified and respectful workplace irrespective of sexual orientation and ethnicity of the employees, which promotes an open and inclusive workplace. However, labour market disruption due to the COVID-19 has had devastating consequences globally. According to International Labour Organization (ILO), women’s employment declined by 5% globally in 2020 compared with around 4% for men.

The technology industry is working towards closing the gender gap and enhancing inclusivity in the years ahead. Technology companies thrive on creating flexible work and well-being programs such as free mental health counseling and childcare to promote positive work culture.

Samsung Electronics Co Ltd (Samsung), a Samsung Group subsidiary, is a manufacturer of consumer electronics, information technology, mobile communications, and device solutions. In 2021, the technology company reported 36.3% women participation in its workforce, a decrease of 1 percentage point over 2020. At the senior management level, the representation of women increased to 6.5% by 0.2 percentage points over 2020.

Samsung aims to remunerate all employees equally for work of the same value, regardless of gender. In 2021, the technology company improved its gender pay gap in Korea by 3.1 percentage points over 2020.

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