Saturday, October 22, 2016

WIKILEAKS: Clinton Foundation Pay Recommendations Kept Huge Pay Gap For Men, Women

By Mark Tapscott

Pay levels recommended by Clinton Foundation CEO Bruce Lindsey for all of the organization's employees created a pay gap twice as big for women as for men, according to a Daily Caller News Foundation analysis of an internal memo made public Saturday by Wikileaks.

At first glance, Lindsey's Dec. 15, 2011, recommendations for 2012 salary increases improved salaries for female employees 7.6 percent, compared to a 6.3 percent increase for males, overall. But deeper analysis of how Lindsey arrived at his recommendations reveals a much different picture of the relationship between pay levels for men and women working for the Clinton Foundation.

Lindsey used a mid-point market average salary for each position as a benchmark for comparing individual foundation employees' pay. On that basis, the average male employee salary of $67,874 was 91.9 percent of the benchmark pay level. The average female salary of $60,708 was only 87 percent of the benchmark.

Lindsey then made recommendations for each individual employee for 2012. The cumulative effect of his recommendations moved the average male employee's salary much closer to the benchmark than did his recommendations for the average female.

To read the entire article, click on the below link.