Trailblazer Pacesetter LATE BLOOMER
Company Narrative
FedEx, the American multinational conglomerate in the mail, package, and freight delivery industry, has been ranked as a LATE BLOOMER on the Women’s Power and Influence Index.
FedEx has achieved pay equity and periodically reviews the fairness of employee benefits and compensation. FedEx Ground partnered with diverse business groups in the fiscal year of 2022 such as the Society of Women Engineers, the National Black MBA Association, and Historically Black Colleges and Universities (HBCUs) to expand their talent pool and increase hiring about diversity, equity, and inclusion.
As of 2021, women made up roughly 51% of FedEx’s workforce, and 36% of women occupy leadership positions.
The information regarding pay parity, women’s mentorship and professional development, childcare policies, birthing parental leave, and women-specific healthcare benefits could not be found in publicly available FedEx sources.
Workforce Profile
Equitable Pay
✓ Does the company demonstrate a clear and transparent commitment to equal pay?
“FedEx Express is the industry’s global leader, providing rapid, reliable, time-definite delivery to more than 220 countries and territories globally. In the UK FedEx Express comprises, and reports gender pay gap figures across two legal entities: FedEx Express UK Ltd and FedEx Express UK Transportation Ltd. We monitor the gender pay gap across the whole of the UK organisation in addition to the individual entities.
Through the integration process [of FedEx and TNT businesses], we’ve also introduced and aligned pay and bonus structures. The new pay scales for job roles are based on skills and competence and are designed to remove any inherent bias that exist in other methods of pay. We’ve also addressed historical pay differences.”
Ref: pg 1, FedEx Gender Pay Gap Report 2022
✓ Does the company perform an annual analysis of gender pay equity and pay disparities?
“To support the well-being of our employees and their families, we provide the resources they need to thrive at work and at home. All eligible full- and part-time team members are equipped with competitive benefits, including healthcare, wellness, paid sick leave, other flexible paid time off, and other benefits. To ensure our benefits and compensation stay competitive, we conduct periodic peer benchmarking and internal pay equity analyses.”
Ref: pg 28, FedEx 2023 ESG Report
✘ Do female employees earn at least 95% of what their male counterparts earn?
Information regarding this criterion was unavailable or incomplete.
Career Growth
✓ Does the company demonstrate a commitment to actively attracting, retaining, and/or promoting women within the organization?
“In FY22, FedEx participated in a variety of employment events, including partnering with the Society of Women Engineers, the National Black MBA Association, and Historically Black Colleges and Universities (HBCUs) to expand our talent pool, increase hires from diverse populations, and establish FedEx as a positive ambassador for DEI.”
Ref: pg 30, FedEx 2023 ESG Report
✘ Does the company provide professional development programs designed specifically for female employees?
Information regarding this criterion was unavailable or incomplete.
✓ Does the company provide professional development programs designed specifically for diverse employees?
“The FedEx Ground workforce career track program, Purple Pathways, directly targets our most diverse population, frontline managers and package handlers, to support their career growth. FedEx Ground won the American Transportation Association DEI Change Leader Award in 2022 for Purple Pathways. We are inspired to see over 33,000 team members registered in the program, with more than 1,700 Purple Pathways mentors. The OnDeck program, launched by FedEx Express, provides our front-line workers with the training and skills they need to grow into managerial roles.”
Ref: pg 30, FedEx 2023 ESG 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?
“The FedEx Ground workforce career track program, Purple Pathways, directly targets our most diverse population, frontline managers and package handlers, to support their career growth. FedEx Ground won the American Transportation Association DEI Change Leader Award in 2022 for Purple Pathways. We are inspired to see over 33,000 team members registered in the program, with more than 1,700 Purple Pathways mentors. The OnDeck program, launched by FedEx Express, provides our front-line workers with the training and skills they need to grow into managerial roles.”
Ref: pg 30, FedEx 2023 ESG Report
✓ Does the company have policies and programs in place to actively recruit female candidates?
“In FY22, FedEx participated in a variety of employment events, including partnering with the Society of Women Engineers, the National Black MBA Association, and Historically Black Colleges and Universities (HBCUs) to expand our talent pool, increase hires from diverse populations, and establish FedEx as a positive ambassador for DEI.”
Ref: pg 30, FedEx 2023 ESG Report
✓ Does the company have policies and programs in place to actively recruit diverse candidates?
“In FY22, FedEx participated in a variety of employment events, including partnering with the Society of Women Engineers, the National Black MBA Association, and Historically Black Colleges and Universities (HBCUs) to expand our talent pool, increase hires from diverse populations, and establish FedEx as a positive ambassador for DEI.”
Ref: pg 30, FedEx 2023 ESG Report
Work-Life Balance
✘ Does the company demonstrate a commitment to providing support and/or time off for women with children?
Information regarding this criterion was unavailable or incomplete.
✘ Does the company provide child care support for employees?
Information regarding this criterion was unavailable or incomplete.
✘ 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?
Information regarding this criterion was unavailable or incomplete.
✘ Does the company provide paid parental leave that extends beyond birthing parents to include surrogacy, adoption, and paternity leave?
Information regarding this criterion was unavailable or incomplete.
✓ Does the company demonstrate a commitment to supporting the health benefits of its female employees?
“To support the well-being of our employees and their families, we provide the resources they need to thrive at work and at home. All eligible full- and part-time team members are equipped with competitive benefits, including healthcare, wellness, paid sick leave, other flexible paid time off, and other benefits. To ensure our benefits and compensation stay competitive, we conduct periodic peer benchmarking and internal pay equity analyses.”
Ref: pg 28, FedEx 2023 ESG Report
✘ Does the company offer women-specific health benefits for female employees?
Information regarding this criterion was unavailable or incomplete.
Workplace Standards
✓ Does the company have a policy listing prohibited behaviors, such as harassment and retaliation?
“The FedEx Code guides our day-to-day work and sets forth principles that enable us to deliver on the Purple Promise… The Code applies to every FedEx officer, director, and employee, and certain sections also apply to third parties performing services on behalf of FedEx. The Code covers a breadth of topics, including workplace health, safety, and security; human rights, including human trafficking; equal opportunity and anti-harassment; conflicts of interest; antitrust and competition; environment and sustainability; political activities and contributions; and data security and privacy, among others.”
Ref: pg 8, FedEx 2023 ESG Report
✓ Does the company mandate all employees to undergo harassment and discrimination training?
“To live up to our principles of ethics, integrity, and reliability, we provide our new and existing team members with interactive education on the Code and other policies. Team members may receive more targeted and detailed education depending on their responsibilities and the associated risks they face.”
Ref: pg 9, FedEx 2023 ESG Report
✓ Does the company have a defined harassment policy that includes promptly addressing reported incidents?
“Acting with integrity includes speaking up when we believe someone engaged in conduct that violates the law or the Code. Our open-door policy promotes accountability by encouraging team members to report concerns or questions to their manager or the operating company’s Human Resources (HR), Legal, or Security department. The confidential FedEx Alert Line call center and web portal are available 24/7 in more than 35 languages. FedEx prohibits retaliation against anyone who reports a known or suspected violation in good faith.
In FY22, we received more than 17,000 reports from team members, customers, and the public on issues such as employee relations, safety, conflicts of interest, business ethics, and fraud. Over 56% of the reporters identified themselves, which is 17% higher than the standard industry benchmark. We closed over 16,500 reports, and the resulting actions included team member discipline, coaching, training, termination, and contract termination for vendors and contractors.”
Ref: pg 9, FedEx 2023 ESG Report
Stakeholder Engagement
✓ Does the company demonstrate a commitment to helping external stakeholders address gender equality issues?
“FedEx Express AMEA partnered with the Asian University for Women to provide mentorship for female students from various countries in Asia and the Middle East.”
Ref: pg 32, FedEx 2023 ESG Report
“We help women- and minority-owned businesses, including many FedEx suppliers, succeed through the Global Entrepreneurship pillar of FedEx Cares, our global community engagement program focused on in-kind shipping, volunteer work, and charitable giving. Our initiatives provide these entrepreneurs with training, mentoring, networking, capital access, and other resources to assist in growing their business while navigating challenges.”
Ref: pg 12, FedEx 2023 ESG Report
✓ Does the company offer and support initiatives that promote gender equality in the community?
“FedEx Express AMEA partnered with the Asian University for Women to provide mentorship for female students from various countries in Asia and the Middle East.”
Ref: pg 32, FedEx 2023 ESG Report
“We help women- and minority-owned businesses, including many FedEx suppliers, succeed through the Global Entrepreneurship pillar of FedEx Cares, our global community engagement program focused on in-kind shipping, volunteer work, and charitable giving. Our initiatives provide these entrepreneurs with training, mentoring, networking, capital access, and other resources to assist in growing their business while navigating challenges.”
Ref: pg 12, FedEx 2023 ESG Report
✓ Does the company demonstrate a commitment to helping internal stakeholders/employees address gender equality issues?
“We are focused on making FedEx an outstanding place to work by fostering a diverse and inclusive team that reflects our operations globally. Our diversity, equity, and inclusion (DEI) commitments are aligned with our shared culture values and guided by the absolute belief that everyone deserves to be themselves and see themselves at FedEx.”
Ref: pg 5, FedEx 2023 ESG Report
✓ Does the company offer equity-focused trainings, speaker programs, or events for employees?
“Our DEI Corporate Council connects DEI representatives from across the HR, Sourcing, and Communications functions of our operating companies through bi-monthly meetings to foster collaboration, discuss best practices, and support programs in the communities we serve. In this section Social governance structure Our culture Human resource management Diversity, equity, and inclusion create opportunity Health and safety 25 FedEx 2023 ESG Report 26 Furthermore, we are expanding pathways within and across each operating company to uphold our commitment to DEI and continue creating opportunities for our people. FedEx Express implements a Global DEI Governing Board to support our U.S. and international diversity councils, oversee local DEI issues, and support our corporate strategy. FedEx Services and FedEx Corporation maintain a DEI Executive Steering Committee responsible for driving our DEI strategy and engagement.”
Ref: pg 25-26, FedEx 2023 ESG Report
“We work to expand our team members’ DEI knowledge through various learning opportunities. We recently introduced a DEI competency program for all our officers and directors. Through this program, enabled by the FedEx Learning Center, more than 87% of our FedEx Logistics managers, directors, and officers completed four DEI courses. In 2022, all FedEx Office leaders and key HR employees completed a year-long Inclusive Leadership program to address critical DEI topics. FedEx Express continued the Convene program, a virtual mentorship program between four vice president-level diversity sponsors and other team members. Across our operating companies, we offer a micro-learning platform to deliver digestible DEI content for all career levels.”
Ref: pg 31, FedEx 2023 ESG Report