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TIME: Almanac 1990
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1990 Time Magazine Compact Almanac, The (1991)(Time).iso
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012389
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01238900.017
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1990-09-17
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BUSINESS, Page 47Business NotesLABORThe Boys' Club Pays Its Dues
When Martha Page went to work as a trainee for Chicago's Harris
Trust, she soon learned that "all the women were required to type
and the men were not." Recalls another former Harris employee, Fran
Hurwitz, who worked 15 years as a clerk: "Harris was your basic
boys' club." Both women left the bank during the mid-1970s, but
last week they got a measure of satisfaction when Harris settled
a twelve-year-old Government suit charging the bank with race and
sex discrimination.
Without admitting guilt, Harris said it would pay $14 million
in back wages to thousands of workers. Nancy Kreiter, research
director for a women's advocacy group that helped push the lawsuit,
called the settlement "a fabulously sweet victory." But even before
last week's decision, the bank had come a long way. In 1977 Harris
had five women vice presidents. Today it has 102 (out of 380).