Gender Discrimination Against Bank Of America - 876 Words

Diversity Compliance There are many different laws set in place to provide equal fairness to the diverse workforce. Some of those laws are Title VII of the Civil Rights Act, the American s with Disability Act, the Age Discrimination in Employment Act, and many state laws. Even with these laws, discrimination still occurs within the workplace. This paper will investigate a case of gender discrimination against Bank of America and what could have been done to prevent this from happening. Calibuso et al. v. Bank of America Corp. et al. In 2010, a group of female financial advisors filed a national class action lawsuit against Bank of America and Merrill Lynch under gender discrimination. The main plaintiff, Judy Calibuso, worked in the Miami, Florida office since 1995 (Lieff Cabraser Heiman Bernstein, 2010). In the lawsuit, Bank of America is accused of favoring male brokers in merit pay, allocating client accounts and referrals, partnership opportunities, and benefits. The plaintiffs had hoped to end the discriminatory practices and policies and be awarded back pay from retaliatory efforts (Lieff Cabraser Heiman Bernstein, 2010). After three years, they finally came to a settlement awarding $39 million to a possible 4,800 current and former employees (Stempel, 2013). The settlement also provided that Bank of America needed to hire an independent contractor to oversee the improvements of their practices and policies. Bank of America never admitted to anyShow MoreRelatedDiscrimination At The Modern Civil Rig hts Era Essay1539 Words   |  7 Pagesnondiscrimination policies and practices that prohibits against any and all various types of conduct based on certain characteristics when it comes to the hire, fire, and relationship with their employees (Canas Sondak, 2014). As a member of the workforce, we would hope and assume that we wouldn’t have to deal with discrimination anymore. Don’t get me wrong, our country has grown so much over the years when it comes to tackling discrimination in the workplace. It’s just unfortunate that it’s justRead MoreV. Bank Of America Corp Essay935 Words   |  4 Pagesprohibits discrimination in employment-related matters and is administered by the Equal Employment Opportunity Commission (EEOC) (Canas Sonkak, 2014). In Calibuso et al. v. Bank of America Corp. et al. Judy Calibuso filed a complaint against Bank of America with the EEOC in January 2007. Case Law Overview Calibuso et al. v. Bank of America Corp. et al. was a gender case that was filed in U.S. District Court, Eastern District of New York in 2007. Five women filed a lawsuit alleging that Bank of AmericaRead MoreThe Case Of Calibuso Et Al V. Bank Of America Corp Essay1563 Words   |  7 PagesThe case of Calibuso et al. v. Bank of America Corp. et al. began in 2010, when female financial analysts (FAs) filed charges in in several states and with the Equal Employment Opportunity Commission (EEOC) claiming that the Bank of America (BoA) used discriminatory pay practices against them in violation of state laws and the U.S. Equal Pay Act of 1963 and Title VII of the Civil Rights Act of 1964 (DiMarco, 2014; Calibuso, 2012). These laws forbid inequalities in pay (Schrimsher Fretwell, 2012)Read MoreDiscrimination in the Workplace1265 Words   |  6 Pages Why does discrimination occur at workplace? There are multiple explanation for the issue. It can be ranged from generational differences, lack of diversity training, absence of good behavior modeling, and many other reasons. In every workplace, it is consists of different cultural, religious, and social backgrounds. There are different perspectives and conversations that take place at the workplace. 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Lawmakers change financial policies to provide recovery to the country. The financial bailout is used to aid banks and states to build infrastructure. The Federal Reserve is printing money at an all-time high that affects the value of the dollar. To cope, many people turn to welfare for government assistance. People who do not rely on unemployment benefit or governmentRead MorePolicy Analysis Paper copy1430 Words   |  6 Pagessociety has in place regarding gender and sex roles. The very definition of what it means to be female or male is being challenged by this small portion of the population. In their fight for gender autonomy and gender equality in the education field, they have made great strides to be acknowledged and treated as the gender they identify with; instead of the gender that our society’s norms place on them because of their birth certificate sex. In several states across America, law suits stemming fromRead MoreThe Case Of Griggs V. Duke Power Company1047 Words   |  5 Pagesset employment standards in which the applicants must have a high school diploma or pass an intelligence test to be hired or transferred to a job in the plant. In 1964 the Title VII of the Civil Rights Act of 1964 stated that it is against the law to discriminate against an individual because of race, religion, sex or national origin. The 703(a) of the Act is an unlawful employment practice for any employer to set perimeters, separate, or categorize employees to deprive them of employment opportunitiesRead MoreHouse Bill 2 : The Challenges For Equality And Equality In The Government1056 Words   |  5 PagesHow would you feel about everyone using the same bathroom regardless of gender association in a given environment throughout the day no matter what age group where to utilize it at any point of time? I can assure you that not all people would find it justifiable for a fully grown male, that claims to be a female, to use the bathroom when younger females by birth were utilizing it at the same time, and vice versus with young males utilizing the bathroom if a fully grown female that associates asRead MoreDiscrimination of Girls1678 Words   |  7 PagesDiscrimination against female children has been a topic of debate. It has been a subject of concern and sociological significance. This subject raises the cultu ral aspects about the role of a female child in society, what her human rights are as a human being and a number of sensitive issues.This issue is important because there is nearly universal consensus on the need for gender equality.[1] Gender based discrimination against female children is pervasive across the world. It is seen in all the