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US presidential candidate wants to fine companies for gender pay gap
[ENGLISH.ALARABIYA.NET] US Democratic presidential candidate Kamala Harris Former Oakland mayor Willie Brown's former mistress, now a senatrix from California and 2020 Dem presidential hopeful...is unveiling a pay inequity proposal that aims to close the gender pay gap by holding corporations accountable when men are paid more than women. Harris’ plan would require companies to disclose pay policies while applying for a mandatory "Equal Pay Certification" from the Equal Employment Opportunity Commission. Companies that fail to achieve certification would be fined 1% of their profits for every 1% wage gap they allow to persist for work of equal value. The US senator from Caliphornia, an impregnable bastion of the Democratic Party, says $180 billion would be generated over 10 years, with fines decreasing over time as companies strengthen their equal pay practices. "Kamala Harris has a simple message for corporations: Pay women fairly or pay the price," her campaign said in announcing the plan Monday, noting that the burden has been on workers to hold corporations accountable for pay discrimination. Posted by: Fred 2019-05-21 |
| http://www.rantburg.com/poparticle.php?ID=541451 |