The ride-hailing company is raising salaries for all of its employees as part of efforts to equalize pay beginning on August 1, according to a person familiar with the situation.

The move, which bases pay on factors such as job level, function and location, is designed to address pay imbalances between men and women, as well as white and minority employees.

The changes were previously reported by the tech news site, The Information.

Uber's move comes as Silicon Valley wrestles with a diversity problem that has resulted in gender disparity and unequal pay for women and minorities at its most high profile companies.

The issue has drawn attention from a wide range of prominent figures, from lawmakers to investors.

Despite promises of change, the industry's top companies have demonstrated little progress.

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