Washington Post: When shareholders want to talk about pay equality, but companies don’t

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Across the country, conversations about the gender pay gap are gaining prominence. In Washington, the Paycheck Fairness Act got a big push from Democrats before ultimately stalling in Congress last year. President Obama also signed two executive actions to boost pay transparency among federal contractors. Meanwhile, in Hollywood, a bizarre cyberattack revealed that even big-name female stars get paid less, prompting actresses to speak out on the disparity — such as Patricia Arquette who gave a rousing speech on equal pay at the Oscars. And in company boardrooms, the issue could get pushed onto annual shareholder meeting agendas. As proxy season begins, three major companies — eBay, ExxonMobil and Wal-Mart Stores — have each been hit with proposals from shareholders calling for them to publicly disclose any pay disparities between male and female employees.

 

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