OFCCP Pay Equity Enforcement Effort Leads to Multimillion Dollar Settlement

OFCCP’s Crackdown Shows Multi-Million Dollar Settlement for Pay Inequity.

The Office of Federal Contract Compliance Programs (OFCCP) has been aggressively conducting audits of federal contractors and subcontractors investigating pay inequity practices by those companies. The agency’s latest settlement is one of the largest yet under this effort. OFCCP found Boston-based asset management company State Street Corporation in violation of pay equity laws. State Street…

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