Wall Street Journal editor Gerry Baker responded Wednesday to the letter he received from 160 staffers noting that the newspaper’s decisions are primarily made by white males.
Thank you for the note addressed to Matt Murray and me.
First, let me assure you that Matt and I – and all the editorial leadership – take your concerns seriously. I look forward to having a full discussion about the issues you raise in a spirit of constructive cooperation. We are absolutely committed to fostering and developing a highly successful and welcoming workplace that provides the best possible opportunities for all of our journalists, regardless of gender, race or sexual orientation.
As you note, the people stream of the WSJ 2020 process is reviewing these and other issues. Some of the proposals in your note are already under consideration in that work, led by Christine Glancey. She’ll be taking part in a Storylab session on Thursday, which I encourage you to attend to learn more about these efforts and share your ideas.
While we realize that there are many elements that contribute to the creation and maintenance of a properly diverse workforce, I do want to take a moment to address the issue of pay equity you raise. In particular I wish to highlight the comprehensive internal and external reviews of our compensation practices that were done in response to the IAPE report mentioned in your letter.
The internal review was led by our People team, and the external review was overseen by Willis Towers Watson. The final analysis of both exercises showed that fewer than 3% of Dow Jones employees needed pay adjustments. The adjustments for the impacted group, which included both men and women and spanned multiple ethnicities, have been completed. In order to track our continued progress, we are already midway through new internal and external review for 2017.
Again, I appreciate the seriousness of all these issues and I look forward to discussing them with you.