MEMORANDUM The Goodyear Tire & Rubber Co 200 Innovation Way Akron, Ohio , 44316-0001 phone: (330) 796-2121 Fax: (330) 796-2222 Date: August 05, 2013 To: Mr. Zilverstein, Head of Business Development From: Noam Hadass, Senior Analyst Subject: Analysis - Goodyear Tire & Rubber Co. Dear Mr. Zilverstein , please find below as you requested: * SWOT analysis on the company * an issue that we believe will affect the company in
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still experience the unfair practice of unequal pay. To address this issue, in 2009, President Obama signed the Lilly Ledbetter Fair Pay Act. The purpose of this act was to restore the discrimination caused by the ruling in the Ledbetter v. Goodyear Tire & Rubber Co case (The Lilly Ledbetter Fair Pay Act of 2009, 2009). The Lilly Ledbetter Fair Pay Act gives individuals the power to challenge pay discrimination and forces employers to eliminate any discriminatory pay practices (The Lilly Ledbetter Fair
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overtime and her retirement, She was getting 40% less than male co- workers. 2. What laws were responsive (prior law) to the issues involved in the Lilly Ledbetter case? In 1963, John F. Kennedy signed into law pay equity, equal pay for equal work for women and minorities and previous law of Title VII in 1964. 3. How was the Lilly Ledbetter case resolved? Ledbetter lost her gender pay discrimination lawsuit gainst Goodyear after the Supreme Court ruled she did not file a complaint on time
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had to carry around huge, bulky tires and performed numerous other tiresome tasks, but still did not get the pay she deserved. In an infamous court case known as the Ledbetter v. Goodyear case, a 77-year-old woman named Lilly Ledbetter sued Goodyear Tire and Rubber Company for paying her below the minimum wage for over 19 years. When Ledbetter first found out about this income discrimination, she was very stunned and said in an interview, “... I thought because Goodyear was a federal contractor they
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Facts: Lilly Ledbetter worked for Goodyear Tire and Rubber Company’s in Gadsden, Alabama for nineteen years. For most years, she worked as an area manager, which was one, held primarily by men. In the beginning, Ledbetter’s salary stayed similar with the men whom performed similar work. Throughout time, her pay was less than the males pay whom held equal or lower seniority area manager positions. During 1997, Ledbetter’s salary was approximately fifteen percent lower than the lowest paid male Area
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Griggs V. Duke Power On December 14, 1970 in Draper North Carolina thirteen African Americans were represented by Griggs in the first legal law suite of its kind. Duke Powers reserved the good jobs for the white employees. There were extreme differences in wages and jobs. Also, there were standardized tests required to be taken by potential employees or employees who wanted promotions. The courts ruled that the tests did not pertain to applicant’s ability to perform the job. This case was pivotal
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Lilly Ledbetter was a supervisor at Goodyear Tire and Rubber’s plan in Alabama from 1979 until her retirement in 1998. She was an area manager and initially her starting salary was similar to her male counterparts, however as time went the pay discrepancy between Lilly and 15 male managers was obvious. Lilly Ledbetter was paid $3,727 a month were the lowest paid male area manager was earning $4,286 per month and the highest male was paid $5,236 a difference of approximately $1,500. Lilly’s initiated
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Lilly Ledbetter was a long-time manager of a Goodyear Tire Company in Gadsden, Alabama from 1979 till 1998. Around the time she was going to retire she discovered that she was making much less than her male counterparts, almost 40% less over her 20 years there. She sued Goodyear and won being rewarded $3,514,417 from the jury, but due to laws restricting how much money a jury could reward, the judge reduced the winnings to $360,000. Goodyear appealed the case and brought it to the 11th Circuit of
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Goodyear Financial Analysis Writing Assignment: Financial Analysis Assume you are a savvy financial analyst researching companies in which to invest. Select a U.S. publically-traded company you think might be a good investment and perform a financial analysis. FIN 534: Financial Management - Quarter (Winter 2013) Professor: March 12, 2013 Goodyear Financial Analysis Company Overview The Goodyear Tire & Rubber Company a leading manufacturer of
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speed and culture are part of Pirelli's past, present and future. (2014 Annual Report) Company`s history 1872 there was founded the limited partnership company ‘G. B. Pirelli & C.’ in India rubber manufacturing industry by the engineer Giovanni Battista Pirelli(1848-1932) which initially produced rubber textiles, tubes and belts for machinery. Then it expanded its business with producing undersea cables. In 1922 the company was added to the Italian Stock Exchange. The head office is located in
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