February 8, 2016
Rulemaking Petition: Disclosure of Gender Pay Ratios
– Broc Romanek, CompensationStandards.com
Normally, I don’t blog about rulemaking petitions because they don’t go anywhere (the SEC is not required to act on them; see my blog about how a lawsuit was recently dismissed that sought to force the SEC to act on a political contribution disclosure petition). But I thought I would note this new petition from PAX Ellevate Management that seeks to require companies to disclose gender pay ratios on an annual basis, or in the alternative, to provide guidance to companies regarding voluntary reporting on gender pay equity to investors…
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