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Sunlight in Workplace Harassment Act
1/12/2024, 2:00 PM
Summary of Bill S 1393
The bill requires that all companies with more than 50 employees disclose information about any settlements or judgments related to workplace harassment. This information would be made publicly available on a government website, allowing employees and the general public to see which companies have a history of harassment issues.
Additionally, the bill includes provisions for training programs to educate employees and employers on how to prevent and address workplace harassment. These programs would be mandatory for all companies covered by the bill. Overall, the Sunlight in Workplace Harassment Act aims to shine a light on the prevalence of workplace harassment and hold companies accountable for their actions. By increasing transparency and providing resources for prevention, the bill seeks to create a safer and more respectful work environment for all employees.
Congressional Summary of S 1393
Sunlight in Workplace Harassment Act
This bill requires issuers of securities to annually disclose to the public information about certain alleged acts of sexual abuse, harassment, or discrimination in the workplace or between employees. Specifically, the issuer must disclose settlements, judgements, and active complaints regarding alleged acts of sexual abuse, harassment, or discrimination as defined by the bill. These disclosures must include the number of settlements, judgements, or active complaints; the number of these that involve acts committed by a corporate executive; the total dollar amount paid out; and the date on which the alleged act occurred.
The bill limits the required disclosure by the issuer if the victim of the alleged act objects to its reporting.
