Tyco Security Products, part of Johnson Controls, has recently signed on to 100% Talent: The Boston Women’s Compact, a first-in-the-nation, business community-driven effort to level the playing field for working women. By signing the 100% Talent Compact, Tyco Security Products has joined forces with the Boston Women’s Workforce Council, a public-private partnership between the City of Boston and Boston University, and close to 200 other Boston-area employers to close the gender wage gap.
Boston Women’s Workforce Council
According to the Boston Women’s Workforce Council’s 2016 report, women who work in Greater Boston earn significantly less than their male colleagues, while women are the majority of both Boston’s residents and workforce. Tyco Security Products recognises that this pay discrepancy poses consequences on the company’s talent pool and that women are one of Boston’s assets: when women thrive, companies and communities thrive.
“Tyco Security Products is pleased to participate in such an important endeavour,” said Anita Santos, Vice President, Marketing, Tyco Security Products. “We recognise that women should receive fair pay not only because they deserve it and it is the right thing to do, but also because we all succeed when everyone has similar opportunities. With women in Boston making up more than half of the workforce, not only do families do better, but so does the city’s economy.”
Eliminating the wage gap within Tyco
The Council’s mission is to work with the businesses in the Greater Boston area in a private-public endeavour to eliminate the gender wage gap, remove the visible and invisible barriers to women’s advancement, and ensure that 100 percent of the talent pool is used to make Boston the best area in the country for working women. As a signer of the 100% Talent, Tyco Security Products will work with the Council to take concrete, measurable steps to eliminate the wage gap within its own company and to report its progress anonymously every two years.