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Obama Issues Gender Equality-in-Pay Action

Joe Seiner
Mike Switzer/SC Public Radio

  Recently, President Obama issued an executive action that will require companies with 100 employees or more to report employee salary information to the federal government in an effort to ensure gender equality in pay.  However, our next guest says that the reporting burden on the small business community may pale in comparison to the litigation burden.

Mike Switzer interviews Joseph Seiner, an employment law professor at the University of South Carolina in Columbia.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.