In the Margins

Irony? SSgA settles gender pay dispute

October 6, 2017

By BBC

State Street Global Advisors, the firm behind the famous "Fearless Girl" statue on Wall Street, has been accused by the Department of Labor of paying hundreds of female executives less than male colleagues and more than a dozen black employees less than their white counterparts. The firm denies the claims, but has agreed to pay a $5 million settlement to more than 300 senior female staff. Read the original story from BBC.