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PayPal CEO Dan Schulman on exactly how the company closed its pay gap

Julia Boorstin

When Dan Schulman spun PayPal off from eBay four years ago, no one could tell the CEO whether the company was paying its employees fairly. Schulman, who says PayPal's mission is to democratize payments, thought it was crucial to have an equally inclusive approach to his employee base. In 2015, his team began working with outside consultants to identify and close the company's pay gaps across gender and race.