Stay updated with breaking news from Pay practices. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Interesting developments happening in those numbers. marcia, what s the issue here? when i m talking with just getting paid for the same job, we still know that that disparity exists. is this not illegal? well, that s a good question. it is illegal, but the question is, can women enforce the law? do employers pay attention to the law? do they even review what their pay practices are to make sure what they re doing is fair? you could say women need to be better negotiators, and i m sure that that s the case in some circumstances, but what about the employer who has the information? about what women actually get paid compared to their male counterparts. often women have no idea what their co-worker s getting paid. right. and the employer doesn t allow to it be discussed. there s a new law, the paycheck fairness act. it s pending. it s passed the house. it s waiting to pass the senate. it would give women those kind ....
Stupidity. this speculation transcends the simply stupid and takes it to a new level. of course, goldman has been the poster child for big bonuses on wall street amid voter backlash against those bank bailouts and continuing bonuses. as you recall goldman got $10 billion under the bank bail out in 2008. one of the first banks to repay the money in full in 2009, shep. shepard: i don t know whose business this is. goldman is going to let us know about bonus payouts. when is that? that s right. goldman is expected to reveal the pay of top five executives in a filing with the securities and exchange commission later this month within 48 hours after its board decides on the compensation. shepard: that company has already changed some of its pay practices, hasn t it. y. goldman has been one of the leaders in restructuring compensation practices by tying more pain to long-term performance. for example, this year all compensation for its top 30 executives will be paid in stock that the ....