Thursday, June 02, 2005

Women's groups to press Wal-Mart on pay parity

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 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."
The NCWO is a coalition of more than 200 organizations that collectively represent more than 10 million women.

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