Breaking News

1. 6.5-magnitude quake hits Papua New Guinea: USGS 2. Prime Minister Narendra Modi met Ram Lalla idol sculptor Arun Yogiraj at Maharaja’s College Grounds, Mysuru. 3. Japan's finance minister watches FX moves closely after dollar surges 4. Stock market likely to open lower amid global tensions between Iran and Israel 5. All the 13 major sectors logged losses, small- and mid-caps lost about 3% and 2%, respectively. 6. Sensex tanks 929.74 points to 73,315.16 in early trade 7. Landslides kill 14 on Indonesia's Sulawesi island 8. Two men drown in well while trying to douse fire in MP's Ratlam 9. Temp to rise by 4 to 6 degree Celsius in Odisha over next few days: IMD 10. A Chinese official meets North Korean leader Kim in Pyongyang in highest-level talks in years 11. Germany's Scholz arrives in China: State media reports 12. Visuals from outside actor Salman Khan's residence in Bandra, where two unknown individuals fired shots earlier this morning. 13. The Mumbai Police Crime Branch is said to be taking on the case. They are conducting investigations to determine the individuals involved in the incident. 14. Prime Minister Narendra Modi pays tribute to Dr BR Ambedkar on his birth anniversary, at the Parliament premises. 15. President Droupadi Murmu, Vice President and Rajya Sabha Chairman Jagdeep Dhankhar and Prime Minister Narendra Modi paid tribute to Dr BR Ambedkar on his birth anniversary, at the Parliament premises. (ANI) 16. Chief Justice of India DY Chandrachud pays floral tribute to BR Ambedkar's statue at the Supreme Court on his birth anniversary. 17. DRDO successfully conducted MPATGM Weapon System Developmental trials at PFFR, Rajasthan on April 13 in the presence of the User Team. Missile performance and Warhead performance are found to be remarkable. 18. Vikramaditya to take on Kangana in Mandi, Manish Tewari fielded from Chandigarh 19. Will OJ Simpson's family donate his brain for CTE research? Fatal brain disease explained 20. Jagan Reddy injured in stone pelting during bus tour in Vijayawada

Goldman Sachs Slapped with A Penalty of $215 Million for Sexual Discrimination at Workplace

Posted on May 10, 2023
News
By Top Stories
298 Views

Goldman Sachs will pay $215m (£170.5m) to settle claims that it discriminated against women, offering female staff lower pay and fewer opportunities

Goldman Sachs, sexual discrimination:-

Goldman Sachs, a mega company in the field of management and investment banking working worldwide in many countries has found itself stuck in a heavily burdensome Lawsuit that has pulled the company into paying a huge penalty.

Details of Sexual Discrimination at Goldman Sachs

2800 female staff members of Goldman Sachs complained about receiving a salary about 20% lower than their male peers working with them in the same ranks. Women also complained about instances of sexual discrimination by seniors when male peers received a faster promotion than females.

Goldman Sachs to pay $215 mln to settle gender discrimination lawsuit: Report

After a 13-year-long legal battle between a few female workers and the company, Goldman Sachs was found guilty of sexual discrimination at the workplace and was imposed a fine of $215m (£170.5m).

Goldman Sachs' Defence

Goldman Sachs had denied all charges of sexual discrimination. In its defence, the company said that almost 30% of its working staff in senior positions like partners and managers were women and the company also looked forward to welcoming more women in such posts. The company stated that its aim is "ensuring a diverse and inclusive Workplace for all our people". However, the decision of the court regarding the same discloses the actual environment within the Company.

For more updates keep visiting our website www.topstoriesworld.com where we provide unbiased, true and top stories of the world.

Author

No Image

Author

Top Stories

You May Also Like