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Galloway is dedicated to pay equity and diversity, and we work hard to support these efforts. We would like to take this opportunity to share some significant achievements and practices that reflect our commitment to excellence:
1. Pay Equity Study: In April 2023, we concluded a comprehensive companywide pay equity study, conducted by an impartial third-party consulting firm. At a staff meeting this past summer, we reported that the results demonstrated that there are no statistically significant pay disparities based on gender or ethnicity within our organization. This underscores our unwavering dedication to providing equal opportunities and fair compensation for all our employees.
2. Industry-Standard Pay Rates: We understand that industry pay rates have changed dramatically over the past few years, and we work to keep up to date with respect to the industry information we have. To ensure that our employees are compensated competitively, we utilize the latest salary and compensation guides endorsed by prestigious organizations such as ACEC and AIA. This approach guarantees that our pay rates remain in alignment with the latest industry standards, reinforcing our commitment to offering competitive and fair compensation.
3. Diversity and Inclusion: At Galloway, we celebrate and champion diversity, particularly in industries where underrepresentation is a common challenge, as in most of the STEM fields. Over the past two years, approximately 50% of our new hires have been women, and our workforce now comprises 34% women and 17% individuals from diverse backgrounds, which are respectable numbers for our industry and region. We acknowledge the scarcity of senior-level women in the industry and are actively nurturing and developing talent from within. As a testament to our commitment, we recently promoted another talented female to the Shareholder team.
4. Workload Management: We take workload and overtime seriously. While we have instances where deadlines need to be honored through extra efforts by our staff, our data demonstrates a good workload balance. We regularly monitor utilization and overtime, and last week our employees averaged just 41 hours worked, reflecting our dedication to a balanced work-life environment.
5. Commitment to Addressing Misconduct: We treat all reports of misconduct with the utmost seriousness and conduct thorough investigations into every complaint. While we understand that the sensitivity and confidentiality of such matters may sometimes obscure the outcomes, we want to assure you that we are unwavering in our commitment to ensuring a safe and respectful workplace for all employees. We uphold our values of integrity and accountability.
We are dedicated to maintaining these standards as we continue to grow and evolve. If you have any additional feedback or questions, please reach out to Stacey Bledsoe, Director of People, Dave Guetig, CEO, Darren Bruns, COO, or a shareholder that you feel comfortable speaking with.