Posted April 5, 2021 with Tags Labor and Employment, Pay equity, The Equal Pay Advisor
Pay Equity Advocates Leverage Shareholder Derivative Lawsuits To Drive Pay Equity Efforts
Pay equity advocates have used a variety of mechanisms to pressure employers to prioritize pay equity in the workplace. These efforts include shareholder resolutions regarding pay equity, threats of divestiture, and public campaigns against particular employers. Recently, pay equity advocates have unveiled a new tactic to enhance pressure on public corporations to prioritize pay equity: failure to comply with their own pay equity promises. These lawsuits signal a new front in the activist war against perceived pay inequities.