Macy’s, Inc. Announces Significant Investments in its People by Launching a Debt-Free Education Program, Raising Minimum Wage and Expanding Other Benefits - Seite 2

“We are proud that our workforce reflects the diverse communities we serve and continue to focus on embedding D&I into how we think, act, and operate. Earlier this year, we released our Human Capital Report detailing our work and providing transparency for our shareholders, who are paying increasingly more attention to corporate culture. With these new investments today, we are excited to continue building on the strong foundation Macy’s, Inc. has built over the years,” added Kirgan.

Macy’s is committed to the principle of equal pay and has achieved greater than 99% pay equity across gender and, in the U.S., across race in 2021. In addition, the Company has made continued investments to benefit its colleagues in recent years, including pay adjustments and recognition programs. In 2020, Macy’s implemented additional incentives to thank colleagues for their vital work and efforts during immensely difficult circumstances through Path to Growth Incentives, Thank You bonuses and Hero Pay. Macy’s also offers Spot Bonuses year-round for colleagues who go above and beyond.

To learn more about the new debt-free education program, please visit macys.guildeducation.com.

About Macy’s, Inc.

Macy’s, Inc. (NYSE: M) is one of the nation’s premier omnichannel retailers. Headquartered in New York City, the company comprises three retail brands: Macy’s, Bloomingdale’s and Bluemercury. With a robust e-commerce business, rich mobile experience and a national stores footprint, our customers can shop the way they live — anytime and through any channel. For more information, visit macysinc.com.

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