Nov 26 (Reuters) - Walt Disney ( DIS ) has agreed to pay
$43.3 million to settle a lawsuit alleging that its female
employees in California earned $150 million less than their male
counterparts over an eight-year period, the plaintiffs' lawyers
said in a statement on Monday.
As part of the settlement, Disney ( DIS ) has agreed to retain a
labour economist for three years to analyse pay equity among
full-time, non-union California employees below the vice
president level, and address differences, the three law firms
representing the plaintiffs said.
The suit was originally filed by LaRonda Rasmussen in 2019,
after she learned that six men with the same job title earned
substantially more than her, including one man with several
years less experience, who was earning $20,000 a year more than
she did.
Some 9,000 current and former female employees of the
entertainment company eventually joined the suit. Disney ( DIS )
attempted to stop the class action, but a judge ruled last
December that it could proceed, Andrus Anderson, one of the law
firms, said at the time.
"I strongly commend Ms Rasmussen and the women who brought
this discrimination suit against Disney ( DIS ), one of the largest
entertainment companies in the world. They risked their careers
to raise pay disparity at Disney ( DIS )," Lori Andrus, a partner at
Andrus Anderson, said in Monday's statement.
Disney ( DIS ) has previously disputed the lawsuit's allegations and
findings. It did not immediately respond to Reuters' request for
a comment.
The case was also supported by an analysis of Disney's ( DIS ) human
resource data from April 2015 until December 2022 that found
female Disney ( DIS ) employees were paid roughly 2% less than their
male counterparts. The analysis was conducted by David Neumark,
a University of California Irvine professor and labour
economist.
The settlement agreement, which was filed in a California
state court, still requires approval by a judge, according to
the lawyers.