Facebook, Microsoft say they offer equal pay


WALL STREET JOURNAL: Both tech companies disclosed information that shows they pay male and female employees equally.

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The companies released the information ahead of Tuesday’s Equal Pay Day, which symbolizes how far into the new year women must work to earn what men earned in the previous year.

Facebook and Microsoft are among nine major tech companies, including Amazon.com Inc. and Apple Inc., that have faced pressure from Arjuna Capital, a boutique investment firm based near Boston. The firm, which is a unit of investment firm Baldwin Brothers Inc., filed shareholder proposals at each of the companies starting in late 2014 asking them to close the gender wage gap and release salary data.

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