Fast Company: Amazon Should Allow Shareholder Vote On Gender Pay, SEC Says

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The Securities and Exchange Commission has ruled that Amazon should allow a shareholder vote to proceed that calls for an October deadline for Amazon to report the pay gap differences between female and male workers, and the plans it has to close that gap, according to Reuters. The proposal was brought by shareholder Arjuna Capital, the activist arm of investment firm Baldwin Brothers, but it was rejected by Amazon as being "so inherently vague or indefinite" it would impede implementation. Amazon sought permission from the SEC to omit the proposal, but on Thursday the SEC rejected that request saying it did not agree with Amazon’s assertion of the proposal.

 

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