| Senator Menendez Requests that the Fortune 500 Companies Complete a Diversity Survey |
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See the letter from Senator Robert Menendez, Democrat from New Jersey, requesting that the Fortune 500 companies complete a Diversity Survey Instrument by May 1st.
The survey requests information about minority representation on each company’s board and senior management and in the company’s procurement of goods and services. The Senator states that he is “conducting the survey to gain a better understanding of Hispanic participation in our corporate executive teams, board rooms and procurement practices.” Senator Menendez further explains that he “intend[s] to have a public presentation of the data compiled from companies that participate, as well as shed light on those that do not.” Please contact the FortneyScott attorney with whom you work to discuss how you may want to respond, particularly because the survey requests information that otherwise typically would not be in the public domain and need not be disclosed to the government under existing reporting procedures. This update is for general information purposes only and is not intended to provide legal counsel or advice. Employers should retain experienced legal counsel to obtain advice about the effects of these developments on their particular circumstances. For more information, please contact David Fortney, Esq. at dfortney@fortneyscott.com. |