Paid Sick Time Becomes Key Issue as Investors Demand Details
- Issue takes on heightened importance during global pandemic
- Group requests information from Walmart, Yum, CVS and others
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A group of investors are pressing companies including Walmart Inc., McDonald’s Corp. and CVS Health Corp. to provide more information about the paid sick leave they provide for their workers, citing their heightened risk of contracting Covid-19.
Letting employees quarantine and recover at home -- while receiving pay -- will help companies prevent outbreaks and store closures, the group said in a statement on Thursday. The investors, who were organized by the Interfaith Center on Corporate Responsibility, or ICCR, said they filed shareholder resolutions at companies asking for details on how they might adopt paid sick leave.