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August 4, 2015

Intel ups referral bonuses to boost workforce diversity

Company wants to hire more women, minority groups and veterans.

By CBR Staff Writer

Intel has increased bonuses for employees refereeing women, minority and veterans in a bid to improve its workforce diversity.

The technology major will offer referral bonuses of up to $4,000 to encourage employees to bring in new hires who would help the company improve its workforce demography.

Previously, the chipmaker announced that it will spend $300m over the next five years to address the diversity gap, and has set a goal to have "full representation" of women and under-represented minorities in its US workforce by 2020.

In March, Apple committed to provide $50m to non-profit organisations who work to bring more women, minorities and veterans to the tech industry.

Google announced its workplace demographics data in June, which highlighted that 21% of its tech hires last year were female.

The Wall Street Journal cited Intel as saying: "Intel is committed to increase the diversity of our workforce.

"We are currently offering our employees an additional incentive to help us attract diverse qualified candidates in a competitive environment for talent."

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In its diversity statistics released last year, the company said that only 24% of its employees were female and most employees were White and Asian.

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