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Amazon says its female workers paid equally as men

Amazon.com Inc, under pressure from an activist shareholder to disclose its policies on gender pay equality, said last week its female employees earned as much as their male counterparts, according to a survey it recently conducted.

The disclosure came as US companies face criticism on the issue of pay equality, especially in the male-dominated technology sector.

The Seattle-based online retailer disclosed the results of its study after pressure from Arjuna Capital, the activist arm of investment firm Baldwin Brothers Inc, which has been pushing it to prepare a report on gender pay equity.

Amazon, which estimates that women made up 39 percent of its global workforce and 24 percent of managers as of July, said a review of compensation including both base pay and stock compensation found that women earned 99.9 cents for every dollar that men earned in the same jobs.

(Source: CNBC)