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Violation Tracker Individual Record

Company: The Bank of New York Mellon Corporation
Current Parent Company: Bank of New York Mellon
Penalty: $1,925,000
Year: 2022
Date: November 21, 2022
Offense Group: employment-related offenses
Primary Offense: employment discrimination
Secondary Offense: gender discrimination
Violation Description: A routine compliance review by the Office of Federal Contract Compliance Programs found BNY Mellon discriminated against 120 female workers in investment services technology positions and 47 Black and 26 Hispanic workers in its technology services group from Dec. 1, 2016, to Dec. 1, 2017. OFCCP determined the company paid the female employees less than their male counterparts in similar positions, and paid the Black and Hispanic workers less than their Asian counterparts in similar positions. These actions violated Executive Order 11246, which prohibits federal contractors from discriminating in employment decisions based on race, color, religion, sex, sexual orientation, gender identity or national origin.
Level of Government: federal
Action Type: agency action
Agency: Office of Federal Contract Compliance Programs
Civil or Criminal Case: civil
Facility State: New Jersey
Facility City: Jersey City
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.