November 10, 2010, 9:45 AM - 1:00 PM - Washington, D.C. Area
The Negative Employment Effects of the Paycheck Fairness Act
Wednesday, November 10
U.S. Capitol Visitor Center
First Street and East Capitol Street, NE
East Front of the Capitol
When the Senate reconvenes for its lame-duck session later this month, senators will consider the Paycheck Fairness Act, a bill that would vastly expand the role of government in employers’ compensation decisions. The bill would require the government to collect data from employers on the sex, race, and national origin of employees, significantly adding to red tape, paperwork, and hiring costs, and trapping firms in costly litigation.
At a time when the unemployment rate is above 9 percent and almost 15 million Americans are out of work, the Paycheck Fairness Act would impose substantial new burdens on employers that would encourage hiring overseas and discourage hiring in America. As the Washington Post concluded in a recent editorial, “Discrimination is abhorrent, but the Paycheck Fairness Act is not the right fix.”
Hudson Institute was pleased to host a conference that analyzed the costs of the bill and its effects on employment from the economic, legal, and small business perspectives at this Capitol Hill event. Luncheon keynote speaker was the 24th U.S. Secretary of Labor Elaine L. Chao, now a Distinguished Fellow at the Heritage Foundation.
10:00 AM -- Panel I: How the Paycheck Fairness Act Increases Costs
June O’Neill, Baruch College, City University of New York
Download Furchtgott-Roth's paper
11:10 AM -- Panel II: How Would Employers Comply?
Lauri Damrell, Orrick, Herrington & Sutcliffe LLP
Nita Beecher, Mercer ORC Networks
Download Beecher's Powerpoint
12:00 PM -- Luncheon and Keynote Address
The Honorable Elaine L. Chao, Heritage Foundation
Download Chao's remarks
1:00 PM -- Adjournment
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