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by thaumasiotes 1960 days ago
Yes, the press release seems proud to be getting underpaid employees their rightful $527 each. Not sure what they think that means. This is back pay with interest -- assuming it's two years worth of underpayment, it seems safe to say some women and Asians were being "underpaid" by less than 0.1%.

Plus they're "allocating a cash reserve [for] pay-equity adjustments for the next 5 years". Wouldn't the DoL prefer that Google stop systematically paying women 0.1% less than it pays men? Why is the solution "keep some petty cash on hand, in case we sue you again"? Why in the world does Google need to post a bond for $1.3 million? When has it had less than that amount freely available in its metaphorical pockets?

1 comments

pretty sure "pay-equity cash reserve" means "setting aside money to increase pay of people who were underpaid relative to coworkers"
So the victims get a pay increase for the next 5 years, after which their pay will go down again?