Put Your Money Where Your Mouth Is: Tying Executives’ Bonuses To Diversity Initiatives
Lack of diversity afflicts the financial industry.
The financial industry is troubled with a lack of diversity and criticism regarding harassment and discrimination. A recent U.S. GAO report, showed that racial minorities held only 21% of all management positions in the financial sector. And that number got lower as the position rank went higher. This white paper reviews the need to foster better diversity and prevent harassment and discrimination.
Eric Bachman is a Principal with Zuckerman Law, where he is the Chair of the discrimination and retaliation practices. Bachman has served in senior positions at the U.S. Office of Special Counsel (OSC) and the Department of Justice Civil Rights Division. His wins include a $100 million settlement in a Title VII employment discrimination class action, a record-setting Whistleblower Protection Act settlement at OSC, and a $16 million class action settlement against a major grocery chain.
Washingtonian magazine named Bachman a Top Lawyer in Whistleblower Law, and the ABA Journal honored Glass Ceiling Discrimination Blog as one of the best legal blogs in the country.
Bachman holds extensive litigation experience, including trials in federal and state courts, and has also set important precedent on employment discrimination issues at the appellate level. Bachman litigates employment cases, including “glass ceiling” discrimination cases where an employee is denied a promotion because of their gender, race, national origin, religion or other protected characteristic.
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