MasterCard does not have a gender pay gap , according to the president of the company.
Ajay Banga , president and CEO of MasterCard, said Friday that " each of the women in your company " earns the same as a man for the work they do .
Banga said its financial director is a woman and she is the second person better paid MasterCard, but said this is not enough.
"The point is not a person ," he said . "The point is that this is all women ."
He added: " And if anyone gets in my way it will be working on one of my competitors quickly."
Banga 's comments came during the annual summit of Women in the World. The three-day conference is organized in the city of New York by Tina Brown , founder of The Daily Beast .
Before becoming CEO of MasterCard in 2010, Banga worked for Nestle, Pepsi and Citigroup.
In an effort to support women working in the company. Master Card has a generous parental leave policy.
MasterCard provides 16 weeks of maternity leave with pay and eight weeks of parental leave without having an impact on bonuses.
Banga said it is important to understand how having a baby changes his life to the employee and accommodate your transition back to work after his absence.
He suggested allowing employees to return part time at first and then bring their children to the office as they readjusted to the work routine. Banga said that these strategies can help ensure that more women stay in the workforce after having children.
"Having people to help with childcare in only part of respecting women," he said. "Both genders have to take responsibility."
Banga also addressed the idea that there are few women in STEM (science, technology, engineering and mathematics) fields.
"I hate the idea that women do not work in technology," he said. "I do not think. At MasterCard, 60% of women work in technology."
According Banga , employers need to be proactive in how they hire staff.
Banga also talked about a problem that women face in developing countries . Often they have no kind of personal identification or access to financial resources .
MasterCard has worked with governments to provide identification to more people. Banga said that women benefit greatly from having a means of identification .
"Not having an identity is like being in prison," Banga said. "Without identity you can not work , open a bank account or access to state benefits ."
