Amazon to Put Gender Pay Equality to Shareholders


Amazon.com Inc should allow shareholders to vote on a proposal on gender pay equality, the U.S. securities regulator decided this week in rejecting the retailer's request to omit the measure from its annual ballot.
Arjuna Capital, the activist arm of investment firm Baldwin Brothers Inc, said it submitted the proposal to Amazon and eight other technology companies, including eBay Inc and Intel Corp.
Amazon, which estimates that as of July women made up 39 per cent of its global workforce and 24 per cent of managers, did not immediately respond to a request for comment on whether it would include the proposal on its ballot.
"We're committed to fairly and equitably compensating all our employees, and we review all employee compensation on at least an annual basis to ensure that it meets that bar," Amazon said in an emailed statement.
Amazon to Put Gender Pay Equality to Shareholders Amazon to Put Gender Pay Equality to Shareholders Reviewed by Health360 on Saturday, March 19, 2016 Rating: 5

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