Sex Discrimination in the Workplace

Paper Summary:

This paper examines whether a gender gap in pay and promotion does exist within the Salomon Smith Barney Company (one of the world's largest financial brokerage groups) and the issues these practices raise from a human resources standpoint. It looks at the deleterious effects these practices could have, both in terms of lawsuits, negative publicity and market/employment competitiveness. Finally, the paper makes recommendations on how the human resources department could help Salomon Smith Barney avoid clams based on sex discrimination in the future.

From the Paper:

"Furthermore, studies have also found that companies in the financial industry Salomon Smith Barney also has several unspoken practices that could be legally construed as discriminatory to female employees. For example, female brokers complained that they were not being given their fair share of new accounts and referrals. They were excluded from important meetings, which were held in social setting such as male-only business lunches and golf outings."

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