SAN FRANCISCO — President Barack Obama set forth new rules on Friday to address the income gap between men and women in the American workforce. Under the president’s proposal, companies with more than 100 employees will have to report the salaries of their workers to the U.S. Equal Employment Opportunity Commission (EEOC), parsing the data by age, gender, race and ethnicity. If adopted, the final rules would take effect in September 2017.
Jones Day partner Fred Alvarez, a former EEOC commissioner, spoke with The Recorder about the potential impact on Silicon Valley technology companies and why a flood of data might obscure more than it reveals.
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