JPMorgan loses an interesting EEOC claim, suggesting a new paid leave policy
I saw a short thing on a parental leave discrimination settlement with JPMorgan on the Bloomberg news feed today… It said that US in only major country without mandatory paid parental leave…strike one for USA. We're special all right. And that 36% of companies have any paid leave. Most are gender neutral (29% are gender neutral and the remaining 7% of more generous companies are female only)…so says SHRM. (My company has paid gender neutral leave...fairly similar to JPMorgan's policy. We often have to cajole the dads to take it.) So, since the investment bank is on the side of the angels with this policy, how did JPMorgan get the ACLU after them? A recent dad filed a claim…yes, the firm had a gender neutral policy, but guys who tried to claim it were routinely refused. So the policy and the practice were different. This cost JPMorgan a $5 million settlement, to be distributed to...