A team of CRA consultants was hired by a national retail and investment bank to assess claims that financial advisors were discriminated against based on gender. We integrated numerous data sources, including production data, compensation data, and detailed account information down to the transaction level. Our analysts compared the production, compensation, bonuses, and account reassignments from departing brokers to male and female advisors and found that that the practices of the bank were not consistent with the claims of the plaintiffs, particularly in outcomes that involved discretion on the part of decision makers. CRA’s team also assisted the client in the production of various data sources.
Is the EEOC pay data dashboard a cost-effective and useful way to evaluate pay equity issues?
The EEOC released dashboard information on pay collected in 2017 and 2018 in EEO-1 Component 2 submissions with a stated purpose of allowing companies to...