JPMorgan Agrees to Record Settlement in Anti-Dad Bias Case
- ‘Primary caregiver’ leave was reserved for moms, employee says
- Policy intended as gender-neutral, bank will pay $5 million
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JPMorgan Chase & Co. has agreed to pay $5 million to resolve a discrimination claim filed by a male employee who alleged the bank’s parental leave policy was biased against dads.
The payout resolves a 2017 complaint brought by the American Civil Liberties Union alleging bias against Derek Rotondo, who had applied unsuccessfully for the 16-week parental leave benefit available to employees who are the “primary caregiver” of a new kid. JPMorgan doesn’t admit liability in the settlement.