It just got harder (again) for women and minorities to be confident that their pay rate is not discriminatory. 

Reuters reports that the Trump administration has blocked a rule that would have required employers to report pay data that breaks down the information by gender, race and ethnicity. Business groups have fought the rule, which was put in place under former President Obama, claiming it "would not have the intended effect of addressing wage gaps." 

The U.S. Equal Employment Opportunity Commission adopted the requirements in 2016, saying the information was necessary to identify and address discriminatory wage gaps. Companies would have been required to begin reporting next March. 

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.