Podcast
Questions and Answers
Which act is primarily focused on prohibiting discrimination against individuals with disabilities?
Which act is primarily focused on prohibiting discrimination against individuals with disabilities?
- Americans with Disabilities Act (correct)
- Pay Equity Law
- Equal Employment Opportunity Act
- Civil Rights Act
What is the primary difference between equity and equality in the workplace?
What is the primary difference between equity and equality in the workplace?
- Equity provides access to resources, while equality provides access to opportunities.
- Equity ensures identical treatments, while equality allows for differences.
- Equity involves access to the same opportunities, while equality involves access to the same resources. (correct)
- Equity refers to equal pay, while equality refers to job title.
Which characteristics are not federally protected under civil rights legislation?
Which characteristics are not federally protected under civil rights legislation?
- Race and color
- Religion and vaccination status
- Political views and weight (correct)
- Sex and national origin
What percentage of the largest S&P 500 companies links executive pay to diversity metrics?
What percentage of the largest S&P 500 companies links executive pay to diversity metrics?
What best describes groupthink in a workplace environment?
What best describes groupthink in a workplace environment?
What is the role of the EEOC concerning companies with 100 or more employees?
What is the role of the EEOC concerning companies with 100 or more employees?
Tokenism in a group often leads to which of the following outcomes?
Tokenism in a group often leads to which of the following outcomes?
What does the Pay Equity Law ensure regarding pay for men and women?
What does the Pay Equity Law ensure regarding pay for men and women?
What is the primary distinction between Benefit Corporations and Certified B Corporations?
What is the primary distinction between Benefit Corporations and Certified B Corporations?
Which characteristic best defines Small and Medium Enterprises (SMEs)?
Which characteristic best defines Small and Medium Enterprises (SMEs)?
What is the primary purpose of blind hiring techniques?
What is the primary purpose of blind hiring techniques?
What factor contributes to a business with good values positively impacting its bottom line?
What factor contributes to a business with good values positively impacting its bottom line?
What is the typical retirement age currently set at in the United States?
What is the typical retirement age currently set at in the United States?
In which state is it easiest to incorporate a business?
In which state is it easiest to incorporate a business?
What is the average monthly social security payment for retirees?
What is the average monthly social security payment for retirees?
Which factor is noted as a trend for Gen Z employees in the workplace?
Which factor is noted as a trend for Gen Z employees in the workplace?
What is a requirement for Benefit Corporations in terms of reporting?
What is a requirement for Benefit Corporations in terms of reporting?
Which of the following occupations is noted as the deadliest according to OSHA?
Which of the following occupations is noted as the deadliest according to OSHA?
Flashcards
Executive Pay Tied to Diversity Metrics
Executive Pay Tied to Diversity Metrics
A situation where a company links executive compensation to the achievement of diversity targets.
Pay Equity Law
Pay Equity Law
A legal concept that requires equal pay for equal work, regardless of gender.
Americans with Disabilities Act (ADA)
Americans with Disabilities Act (ADA)
Prohibits discrimination against individuals with disabilities in employment, public services, and other areas, mandates reasonable accommodations for qualified individuals.
Equal Employment Opportunity (EEO)
Equal Employment Opportunity (EEO)
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Groupthink
Groupthink
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Tokenism
Tokenism
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Workplace Intolerance
Workplace Intolerance
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Equity
Equity
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Pay Equity
Pay Equity
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Blind Hiring
Blind Hiring
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Incorporation
Incorporation
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SMEs
SMEs
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Benefit Corporation
Benefit Corporation
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Certified B Corporation
Certified B Corporation
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Social Security Benefits
Social Security Benefits
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Retirement Age
Retirement Age
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OSHA
OSHA
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Study Notes
DEI&B and Corporate Culture
- 51% of the largest companies (S&P 500) link executive pay to diversity metrics.
- Diversity, Equity, Inclusion, and Belonging (DEI&B) is a focus for many organizations.
- Equal Employment Opportunity (EEO) and civil rights laws are essential.
- Fair pay for equal work is crucial; jobs don't need to be identical, but must be substantially equal.
- Equal access to opportunities and resources is key.
- The ADA prohibits discrimination based on disability, mandating reasonable accommodations.
- Federal civil rights laws protect specific characteristics (not including criminal history, political views, vaccination status, or appearance).
Pay Equity and Employment Law
- Men and women in the same workplace must receive equal pay.
- Jobs need not be identical; substantial equality is sufficient; evaluating job content is crucial.
- Companies with 100+ employees must provide EEOC data on employees' gender, race, and ethnicity.
- Discrimination laws vary based on location.
Blind Hiring and Business Incorporation
- Blind hiring techniques anonymize candidate information to reduce bias in hiring.
- Consistent evaluation criteria are vital.
- Multinational corporations (MNCs) like Walmart (measured by revenue) and Apple (measured by market capitalization) are discussed.
- Separating business ownership from the business entity is possible.
- Incorporation procedures, such as those in Delaware, are mentioned (faster filing times, beneficial for large businesses).
- 68% of Fortune 100 companies and 98% of publicly traded companies are incorporated.
- There are Small and Medium-sized Enterprises (SMEs) which have fewer than 500 employees.
Benefit Corporations and Certified B Corporations
- Benefit corporations aim to create profit and positive societal impact.
- Patagonia is cited as an example of a California Benefit Corporation.
- Regular reporting is required on social and environmental impact, and this isn't solely for marketing, but instead for true social benefit.
- B-Lab certification assesses a company's social and environmental performance, and typically involves annual review.
- A certain score is needed to receive certification; a certain minimum is required (e.g., 80). A minimum score can be beneficial in attracting stakeholders.
- San Diego has a noted number of Certified B corporations.
Retirement Age, OSHA, and Gen Z Trends
- Retirement age is possibly increasing, legislative changes may occur.
- Social security benefits depend on payroll taxes (employee and employer contributions).
- Occupational safety and health administration (OSHA) must be notified when an employee is injured or killed at work.
- Gen Z employees are known to care about work-related purpose, well-being, aligning work with personal values and work purpose.
- They may be inclined to quit jobs in irresponsible or unsustainable organizations.
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