Today JP Morgan Chase agreed to pay $1,450,000 to settle a sex discrimination suit brought by the EEOC on behalf of a group of 16 female mortgage bankers in Ohio. The EEOC alleged that JP Morgan Chase’s office was a place where sexually charged behavior and comments from supervisors created a sexist and uncivil atmosphere. The EEOC also alleged that women who did not “embrace and participate” in the bad behavior were ostracized and suffered economic consequences by being deprived of lucrative sales calls, training opportunities, and other benefits of employment.
In addition to monetary damages, JP Morgan Chase is required to develop a “call data retention system” to make sure sales calls are being equitably distributed among mortgage bankers. http://www.eeoc.gov/eeoc/newsroom/release/2-3-14.cfm