The National Council of Women’s Organizations said on Tuesday it would introduce a resolution at Wal-Mart Stores Inc. shareholder meeting to make the company offer equal pay for equal work regardless of gender.
The NCWO said the resolution would be presented on Friday by its chairwoman, Martha Burk.
“The resolution … focuses on potential discriminatory practices against women and minorities in Wal-Mart distribution of stock options and in awarding of restricted stock to employees,” the NCWO said in a statement.
“This resolution allows Wal-Mart to do the right thing — release information on stock option and restricted stock awards by gender and race to let the public know how these valuable forms of compensation are divided among employees.”
Women make up 72 percent of Wal-Mart’s employees but only one-third of management jobs; those women who are managers make almost $5,000 less than male managers, and women hourly workers make 40 cents less an hour than men.
Let’s just hope this latest venture by Burk doesn’t encounter the same insane backlash that the Augusta controversy did.
Women’s organization takes on Wal-Mart
By Jessica | Published: June 1, 2005
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