Princeton agrees to pay over $1 million to female professors after federal review finds pay gaps

United States News News

Princeton agrees to pay over $1 million to female professors after federal review finds pay gaps
United States Latest News,United States Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Princeton agrees to pay over $1 million to female professors after federal review finds pay gaps. (via CNBCMakeIt)

entered an agreement

The agreement follows a review by OFCCP that found between 2012 and 2014, 106 female professors at Princeton received less pay than male professors.last week that the school contested the allegations because they were based on a "flawed statistical model that grouped all full professors together regardless of department" and it did not reflect how the university hires and compensates its staff.

But, despite the university's confidence in their pay practice, Chang said "Princeton agreed to resolve the dispute to avoid lengthy and costly litigation." "Early resolution conciliation agreements are an effective tool for contractors to ensure equitable pay to employees, enhance internal salary equity reviews, and proactively correct disparities uncovered," Leen said inIn addition to paying nearly $1.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Princeton University Agrees To Nearly $1 Million In Back Pay To Female ProfessorsPrinceton University Agrees To Nearly $1 Million In Back Pay To Female ProfessorsThe university has agreed to give back pay to 106 female full professors, but did not admit liability in the U.S. Labor Department's investigation.
Read more »

Princeton to pay female professors almost $1 million in settlement - Business InsiderPrinceton to pay female professors almost $1 million in settlement - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Presidential Campaign TV Ad Spending Crosses $1 Billion Mark In Key StatesPresidential Campaign TV Ad Spending Crosses $1 Billion Mark In Key StatesMore than $1 billion has now been spent on TV ads for the 2020 presidential election in just 13 states — with most of that money being spent by Biden's campaign and groups supporting him. Here's a state-by-state breakdown.
Read more »

Cruise Stocks Are Sinking–Again–After Royal Caribbean Reveals It’s Raising A $1 Billion LifelineCruise Stocks Are Sinking–Again–After Royal Caribbean Reveals It’s Raising A $1 Billion LifelineCruise stocks are sinking—again—after Royal Caribbean revealed it’s raising a $1 billion lifeline
Read more »

How Cathie Wood Beat Wall Street By Betting Tesla Is Worth More Than $1 TrillionHow Cathie Wood Beat Wall Street By Betting Tesla Is Worth More Than $1 TrillionThe newest superstar investor has leveraged a zealous belief in innovation into a $29 billion-in-assets firm and a $250 million net worth.
Read more »

AT&T Closes $1.1B Sale of Central European Media StakeAT&T Closes $1.1B Sale of Central European Media StakeWarnerMedia parent AT&T has closed the $1.1 billion sale of a majority stake in Central European Media Enterprises, in line with its 'ongoing efforts to monetize non-core assets.' More details:
Read more »



Render Time: 2025-03-13 20:14:02