What Financial Planners Need To Know About Sexual Harassment

Cronin, Frank
October 1997
Journal of Financial Planning;Oct97, Vol. 10 Issue 5, p103
Academic Journal
The article focuses on what financial planners need to know about sexual harassment in the U.S. Exposure to claims of sexual harassment against financial planners as employers varies considerably, depending on the state in which the business is conducted and the size of that business. Under federal law, sexual harassment is prohibited by Title VII of the Civil Rights Act of 1964. Sexual harassment law bas evolved from the general prohibitions against sex discrimination, rather than being based on specific legislative enactments. Today, the major concern for employers, whether large or small, is focused on hostile work environment sexual harassment situations. An employer should issue and publicize a written policy that defines and prohibits sexual harassment. The best cure for sexual harassment is, of course, prevention. In any employment situation, prevention starts with the most senior executives of a firm or corporation providing a good example of proper workplace behavior to their subordinates. The foundation for avoiding harassment liability is to promulgate a policy, take claims seriously, investigate them thoroughly and discipline appropriately in every situation.


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