Connect with us

Headlines

Sterling Reaches Settlement With Federal Agency

mm

Published

on

The firm still faces class-action arbitration.

Sterling Jewelers has agreed to let an outside expert examine some of its practices related to employment as part of a settlement with the federal government, The New York Times reports.

In civil charges, the Equal Employment Opportunity Commission had claimed that the company’s female workers suffered discrimination.

In the agreement, Sterling does not have to pay damages or acknowledge fault, according to the Times. The expert will look at the company’s promotion and pay practices.

Lynn Dennison of Sterling parent Signet told the Times in a statement that the steps the company agreed to “are consistent with our commitment to continuous review and improvement.”

“Signet has a sound framework of policies and practices designed to ensure equal opportunity for women and we do not tolerate discrimination of any kind,” said Dennison, Signet’s chief legal, risk and corporate affairs officer.

Sterling still faces a class-action arbitration case. About 250 former employees of Sterling, which operates Jared the Galleria of Jewelry, Kay Jewelers and Zales, have alleged that the company culture was rife with sexual discrimination and harassment.

Advertisement

The claims are part of an arbitration case that dates to 2008. In total, the class-action arbitration case includes 69,000 women. According to the Washington Post, the declarations include claims that women were “routinely groped, demeaned and urged to sexually cater to their bosses to stay employed.”

Officials with Signet, parent of Sterling, have said the company investigated the allegations and found them not to be substantiated.

Read more at The New York Times

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

Wilkerson Helped This Jeweler to Navigate His Retirement Sale Despite a Pandemic

Hosting a going-out-of-business sale when the coronavirus pandemic hit wasn’t a part of Bob Smith’s game plan for his retirement. Smith, the owner of E.M. Smith Jewelers in Chillicothe, Ohio, says the governor closed the state mid-way through. But Smith chose Wilkerson, and Wilkerson handled it like a champ, says Smith. And when it was time for the state to reopen, the sale continued like nothing had ever happened. “I’d recommend Wilkerson,” he says. “They do business the way we do business.”

Promoted Headlines

Most Popular