Thursday , August 6 2020

Microsoft votes against gender pay gap proposal


Microsoft Corp shareholders voted against a proposal calling for the company to report more information on gaps in employee pay, ranked according to gender and race.
Less than 30% of shares represented voted in favour of the measure at Microsoft’s annual meeting.
Arjuna Capital, which praised progress the company has made, tabled a measure calling for it to give more of a precise statistical breakdown on the gender and race pay gap among its workers. Microsoft’s board opposed the proposal saying it focussed on the wrong numbers and that the company was already focussed on the appropriate way of addressing the issue.

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