Paycheck Fairness Act Proposal Shut Down: No Required Equal Pay for Women

Posted by Matin Varshochi in WomenJune 22, 2021(Last Updated December 28, 2022)1 min read
Are you ready to make some real money moves?

The Paycheck Fairness Act is a legislative proposal that would benefit the Equal Pay Act, originally written in 1963. This bill proposed that workers would get paid equally, regardless of their gender. 
 

On June 11, 2021, the Senate failed to pass this bill, which would have held employers accountable when failing to provide equal pay for their female employees. Unfortunately, since the bill didn’t advance past the United States Senate, employers will not be held accountable, by law, if a female employee were to accuse them of pay discrimination compared to their male counterparts.

Was this content helpful?
Comments (0)

Sign In to leave a comment.

Download the CapWay App

Access more features to your Money Account

  • Money Goals
  • Request Money
  • Categorize Spending
  • Money Talk

The CapWay, Inc Debit Visa Card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Visa U.S.A. Inc. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.

1. For Money Account holders with a negative balance, the CapWay debit card will go into freeze until funds are deposited to bring account back to current. See terms and conditions

2. Sending or receiving money from other CapWay account holders will be instant. Transfers from other accounts could take up to 48 hours, depending on the financial institution.

3. Early access to funds requires direct deposit. Early payment is not guaranteed and is dependent on the timing of payer's submission of deposits. We generally post such deposits on the day they are received which may be up to 2 days earlier than the payer's scheduled payment date.

4. Money Goals allows account holders to save money towards financial goals created within the CapWay platform. Funds can be transferred from your Money Account or saved through the rounding up of your transactions from purchases.

5. CapWay offers financial content through Learn Money free of charge, but may include advertisements through affiliates. Phunds, CapWay's literacy program and session, is paid content or co-branded content.

© 2019-2024 CapWay Inc. All Rights Reserved.