Goldman Sachs, Dell Settle Pay Bias Allegations for Millions (1)

Goldman Sachs and Dell Technologies will pay a combination of almost $17 million to settle separate Labor Department allegations of pay bias based on gender and race.

The two settlements are the largest ever obtained by the DOL’s Office of Federal Contract Compliance Programs, which monitors government contractors for compliance with federal non-discrimination laws. State Street Corp. and Wachovia Corp. previously settled compensation discrimination allegations from the agency for $5 million and $5.5 million, respectively, the OFCCP’s other high settlement agreements.

Goldman Sachs will pay almost $10 million to a class of about 600 workers to settle pay discrimination claims ...