Six female employees who work in the investment bank Dresdner Kleinwort Wasserstein (DKW) filed a $1.4 billion discrimination lawsuit, claimed that women in the company were hired as "eye candy" and one was referred to as "the Pamela Anderson of trading".
It's said women were denied top jobs and paid less. The company still maintains a corporate culture that excludes and demeans women.
The lawsuit also said, “Although we live in 2006, the 'glass ceiling' is alive and well at this German investment bank, where women are treated as second-class citizens with respect to all of the terms and conditions of their employment."
The situation DKW faces just like Morgan Stanley bank faced one year ago. Morgan Stanley bank paid $54 million (£30 million) to settle discrimination charges brought by a female trader and 340 other women workers.
You can find more information of labor law in www.postersolution.com, and community.poster4business.com will provide you the state, federal & OSHA labor law compliance information and services.
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