Trailblazer PACESETTER Late Bloomer

Danaher, the medical products and equipment corporation, has been ranked as a PACESETTER on the Women’s Power and Influence Index.

Danaher has met the respective criteria for pay equity, pay parity, and annual review to ensure the quality of pay fairness. In the U.S. and Canada, Danaher’s WOMEN +FRIENDS initiative provides key lessons for female employees through awareness and career coaching. ASIAN DESCENT +FRIENDS (U.S. and Canada) aims to uplift diverse associates on the empowerment in their careers.

As of 2021, women make up roughly 38% of the workforce and 29% of women occupy leadership positions.

The information on women’s mentorship, women recruitment, subsidized childcare, and community engagement programs could not be found in publicly available Danaher sources.

Review the comprehensive WPI criteria and methodology.

✓ Does the company demonstrate a clear and transparent commitment to equal pay? 

“We make pay decisions based on merit and are publicly committed to advancing equity globally. In the U.S., we’ve achieved pay equity and maintained it since 2020. Globally, we analyze our pay fairness in detail across many of the countries in which we operate, striving to accurately represent our associates around the world.”

Ref: Danaher Diversity, Equity + Inclusion

✓ Does the company perform an annual analysis of gender pay equity and pay disparities? 

“Globally, we analyze our pay fairness in detail across many of the countries in which we operate, striving to accurately represent our associates around the world.”

Ref: Danaher Diversity, Equity + Inclusion

✓ Do female employees earn at least 95% of what their male counterparts earn?

“Since 2020, we have maintained pay equity (i.e., a pay difference of 99-100%), with respect to base pay and short-term incentive compensation, for women and for racial and ethnic minorities in the U.S. (based on multi-variable regression analysis). In 2022, we expanded our base pay analysis to cover approximately 95% of our global associates across 24 countries. Even with this expanded scope, in 2022 we achieved base pay equity for women based on both weighted mean and median pay metrics.”

Ref: Pg. 49, Danaher 2023 Sustainability Report

✓ Does the company demonstrate a commitment to actively attracting, retaining, and/or promoting women within the organization? 

“WOMEN +FRIENDS (US & CANADA) Provided career coaching to over 2,500 female associates in 2022 through virtual fairs, career journey mapping events, small group facilitated events, personal branding workshops, and one-on-one professional career coaching. Also celebrated key observances with community events throughout the year, including a leadership fireside chat on International Women’s Day, and a steps challenge during breast cancer awareness month.”

Ref: Pg. 50,Danaher 2023 Sustainability Report

✓ Does the company provide professional development programs designed specifically for female employees? 

“WOMEN +FRIENDS (US & CANADA) Provided career coaching to over 2,500 female associates in 2022 through virtual fairs, career journey mapping events, small group facilitated events, personal branding workshops, and one-on-one professional career coaching. Also celebrated key observances with community events throughout the year, including a leadership fireside chat on International Women’s Day, and a steps challenge during breast cancer awareness month.”

Ref: Pg. 50, Danaher 2023 Sustainability Report

✓ Does the company provide professional development programs designed specifically for diverse employees?

“ASIAN DESCENT +FRIENDS (US & CANADA) Hosted the ARG’s second IDEA Summit, centered around the principles of helping associates discover and validate their identity, build skills for development, and build confidence towards empowerment to achieve personal and career advancement.”

Ref: Pg. 50, Danaher 2023 Sustainability Report

✘ Does the company offer a formal mentoring program to support the career advancement of all female employees? 

Information regarding this criterion was unavailable or incomplete.

✓ Does the company offer a formal mentoring program to support the career advancement of diverse employees?  

“Danaher ARGs are voluntary, associate-led groups for our underrepresented associates that promote a diverse, inclusive workplace aligned with our mission, values, goals and business practices. ARGs offer tailored education for each group’s associates, friends and allies; a safe and supportive space to connect with others; and mentoring and coaching programs that help underrepresented talent build connections with a broader group of Danaher leaders and outside professionals.”

Ref: Pg. 29, Danaher 2023 Sustainability Report

✘ Does the company have policies and programs in place to actively recruit female candidates?

Information regarding this criterion was unavailable or incomplete.

✓ Does the company have policies and programs in place to actively recruit diverse candidates? 

“Attracting high-performing, diverse talent is a key strategic priority for all our businesses globally. In 2022, we hired more than 13,000 new associates. We have invested in comprehensive talent acquisition capabilities across all levels of recruitment including robust branding, labor market analytics, advanced sourcing, leading technology and streamlined processes.”

Ref: Pg. 32, Danaher 2023 Sustainability Report

“Another important element of our attraction efforts is the work carried out by our DE+I talent acquisition subject matter experts. This cross-platform team informs, educates, trains and supports the talent acquisition community and hiring managers in their diversity sourcing, screening, interviewing and hiring efforts. They also encourage and inspire our leaders and associates to become active talent scouts and ambassadors in the external marketplace.”

Ref: Pg. 47, Danaher 2023 Sustainability Report

✓ Does the company demonstrate a commitment to providing support and/or time off for women with children?

“If you’re a full-time associate, you have up to 20 days of back-up child or elder care available through Bright Horizons.”

Ref: Danaher Back-up Child and Adult Care

✓ Does the company provide child care support for employees?  

“If you’re a full-time associate, you have up to 20 days of back-up child or elder care available through Bright Horizons.”

Ref: Danaher Back-up Child and Adult Care

✘ Does the company offer subsidized child care?

Information regarding this criterion was unavailable or incomplete.

✓Does the company offer paid maternity leave for birthing parents?

“Danaher’s paid parental leave policy offers new parents in the U.S. and U.S. expatriates eight weeks of 100% paid leave within the first year of a child’s birth, adoption or foster care placement.”

Ref: Pg. 48, Danaher 2023 Sustainability Report

✓Does the company provide paid parental leave that extends beyond birthing parents to include surrogacy, adoption, and paternity leave?

“Danaher’s paid parental leave policy offers new parents in the U.S. and U.S. expatriates eight weeks of 100% paid leave within the first year of a child’s birth, adoption or foster care placement.”

Ref: Pg. 48, Danaher 2023 Sustainability Report

✓ Does the company demonstrate a commitment to supporting the health benefits of its female employees?

“In the U.S., Canada and Puerto Rico (and for some of our operating companies, globally) we offer Maven Clinic, which offers around-the-clock support for every step of parenthood—from fertility treatments and adoption to parental leave and return to work, breast milk shipping and mental health support.”

Ref: Pg. 48, Danaher 2023 Sustainability Report

✓ Does the company offer women-specific health benefits for female employees?

“In the U.S., Canada and Puerto Rico (and for some of our operating companies, globally) we offer Maven Clinic, which offers around-the-clock support for every step of parenthood—from fertility treatments and adoption to parental leave and return to work, breast milk shipping and mental health support.”

Ref: Pg. 48, Danaher 2023 Sustainability Report

✓ Does the company have a policy listing prohibited behaviors, such as harassment and retaliation?

“Although legal definitions of harassment may differ from country to country, “harassment”, under Danaher’s Code, includes any unwelcome conduct toward another person that creates an intimidating, hostile or offensive work environment. It is important to note that harassment can be physical, spoken, visual or written, and in-person or through other means, such as email. Harassment does not need to be sexual in nature. Potentially offensive behavior includes sexual advances, racial slurs or negative comments or jokes about subjects such as race, religion, ethnicity or sexual orientation.”

Ref: Pg. 16, Danaher Code of Conduct

✓ Does the company mandate all employees to undergo harassment and discrimination training?

“Although legal definitions of harassment may differ from country to country, “harassment”, under Danaher’s Code, includes any unwelcome conduct toward another person that creates an intimidating, hostile or offensive work environment. It is important to note that harassment can be physical, spoken, visual or written, and in-person or through other means, such as email. Harassment does not need to be sexual in nature. Potentially offensive behavior includes sexual advances, racial slurs or negative comments or jokes about subjects such as race, religion, ethnicity or sexual orientation.”

Ref: Pg. 61, Danaher 2023 Sustainability Report

✓ Does the company have a defined harassment policy that includes promptly addressing reported incidents?

“When a violation of the Code, policies or the law occurs, appropriate disciplinary action will be taken, up to and including termination of employment consistent with applicable laws. Certain actions may also result in legal proceedings, penalties or criminal prosecution.”

Ref: Pg. 12, Danaher Code of Conduct

✘ Does the company demonstrate a commitment to helping external stakeholders address gender equality issues?

Information regarding this criterion was unavailable or incomplete.

✘ Does the company offer and support initiatives that promote gender equality in the community?

✓ Does the company demonstrate a commitment to helping internal stakeholders/employees address gender equality issues?

“We started our journey to build a more diverse and inclusive Danaher more than seven years ago. At Danaher we believe that what is measured is what moves and so in 2020, we established 2025 diversity goals for gender representation globally and People of Color (POC) representation in the US. These goals hold us accountable to drive progress toward full representation at every level of our organization. We also track several other metrics that measure the effectiveness of our DE+I program, as set forth in the Data Summary attached to this report. We’re proud of what we’ve achieved but recognize that the journey continues in our effort to build and sustain a more diverse, equitable and inclusive Danaher.”

Ref: Pg. 48, Danaher 2023 Sustainability Report

✓ Does the company offer equity-focused trainings, speaker programs, or events for employees?

*Our Index utilizes binary measurements, where ✓ represents a score of 1, and ✘ represents a score of 0.

*All links are valid as of April 2024