Presidential candidate Kamala Harris said companies should be fined 1% of their profits for every 1% gender wage gap they allow for work of equal value
Kamala Harris, speaking in Las Vegas last week, unveiled a plan Monday putting the burden on large employers to show they don’t practice pay discrimination. Photo: Brian Cahn/Zuma Press By Ken Thomas May 20, 2019 6:00 a.m. ET WASHINGTON—Sen. Kamala Harris is proposing that large employers pay women on an equal basis with their male counterparts or face government fines, seeking a sweeping shift in the way the nation addresses pay inequity.
Previewing the plan at a Los Angeles rally Sunday, Ms. Harris said she would make a national priority of “closing that pay gap and holding corporations accountable for transparency.” She warned, “There will be penalties if they don’t.” Companies would be forced to disclose whether they have attained the certification on their websites, and it would be have to be disclosed to shareholders in their annual report.
Revenue generated from the fines would be used to provide for paid family and medical leave. The senator earlier proposed providing workers with up to 12 weeks of paid family and medical leave.
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