Disney to pay $43M to settle gender pay gap lawsuit

[Karah]

DISNEY IS AGREEING TO PAY 43 MILLION DOLLARS TO SETTLE A LAWSUIT – ALLEGING IT PAID FEMALE EMPLOYEES LESS THAN THEIR MALE COUNTERPARTS IN SIMILAR ROLES… FOR MORE THAN A DECADE.

THE SETTLEMENT – WHICH WAS REACHED MONDAY – STEMS FROM A 20-19 LAWSUIT BROUGHT BY A WOMAN CLAIMING SIX MEN WITH THE SAME JOB TITLE EARNED SUBSTANTIALLY MORE THAN HER – INCLUDING ONE MAN WITH SEVERAL YEARS LESS EXPERIENCE, WHO WAS EARNING 20-THOUSAND DOLLARS MORE THAN SHE DID ANNUALLY.

ABOUT 9-THOUSAND WOMEN WHO WERE CURRENT OR FORMER EMPLOYEES JOINED THE LAWSUIT.

AS PART OF THE SETTLEMENT – DISNEY MUST HIRE A LABOR ECONOMIST TO ANALYZE PAY EQUITY AMONG FULL-TIME, NON-UNION CALIFORNIA EMPLOYEES BELOW THE VICE PRESIDENT LEVEL FOR THREE YEARS… *AND* FIX THE DIFFERENCES.

THE SETTLEMENT STILL HAS TO BE APPROVED BY A JUDGE BEFORE IT’S OFFICIAL.

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