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April 25, 2005
Welcome to the Family
Tishman Speyer Properties
Tishman Speyer is one of the leading owners, developers, and
operators of first class real estate in the world. The
company's commitment to excellence, and its mission to
create value for its investors and tenants, puts Tishman
Speyer at the forefront of the real estate industry as it
acquires and develops properties & manages its portfolio and
its assets.
Since Tishman Speyer's formation in 1978,
the company has developed or acquired a portfolio of over 65
million square feet, valued at over $16 billion. Their
global reputation for world-renowned signature properties
includes such New York City icons the Chrysler Building, New
York Times Building, and Rockefeller Center. In one of the
largest building sale transactions in New York City
history, Tishman Speyer Properties recently purchased the
2.8 million square foot MetLife Building that connects to
Grand Central Terminal.
Impressed with Astron Solutions' own
portfolio of clients and product offerings, Tishman
Speyer's came to Astron Solutions looking for assistance
market pricing 3 fiscal positions. We provided them with
the quick, accurate results they needed to ensure equitable
pay for the positions’ incumbents.
The Tar Heel State
Welcomes Michael Maciekowich
Housewarming wishes to Astron’s
National Director Michael Maciekowich, on his recent move to
Raleigh, North Carolina.
Astron’s most frequent flyer will
continue to work out of our Manhattan headquarters, while
reaching out to our clients across America. “Thanks to
modern technology, this move is possible without changing
the dynamics, location, pricing model, or structure of
Astron Solutions. My personal transition will be seamless
for our clients. Living in Raleigh also affords increased
accessibility to Astron’s southeastern clients. Having the
option of Southwest Airlines is great, too!” said Mike.
Mike’s contact information remains the
same. You can reach Mike at (toll free) 800-520-3889 x2,
(direct) 646-792-2518, (cell) 917-714-0317, and by e-mail at
michaelm@astronsolutions.com.
Is Age Really Just a Number? Combating Ageism
in the Workplace
Mark Twain
once said, “Age is an issue of mind over
matter. If you don’t mind, it doesn’t matter.”
Chances are Mr. Twain didn’t have to deal with
ageism in the workplace. If he did, he would
have known that yes, unfortunately, sometimes it
does matter…a lot.
“We have a
youth culture in this country where younger is
better than older,” said Tom Osbourne, senior
attorney with the AARP Foundation, in the
Monster.com article, “Avoid
Age Bias in the Workplace.” In the article,
Osbourne offers advice to the older worker. “It
doesn’t matter how good you are at your job or
how much experience you’ve acquired over the
years. If you’re rounding the corner towards
50, you’d be smart to start looking for signs of
age bias.”
Overt signs
of age bias include being passed over for
promotions and training programs, being asked to
move into smaller or less appealing offices, or
being frequently engaged in discussions with
superiors regarding retirement.
However, ageism can be much more subtle. If
your work practices ultimately have a negative
effect on employees over the age of 40, you are
in danger of being sued. The U.S. Supreme Court
ruled on March 30, 2005 that the disparate
impact theory of liability is available to
employees suing under the 1967 Age
Discrimination in Employment Act (ADEA).
According to the SHRM article, “Court:
Workers can Sue for Unintentional Age Bias,”
“The disparate impact theory allows plaintiffs
to challenge an employer’s neutral practices
that have a disproportionately negative impact
on persons over the age of 40, so workers will
be able to sure in some cases over employer
actions that result in unintentional
discrimination.” To clarify, the new ruling
indicates that cases no longer need to prove
that the organization intended harm, only that
the policy resulted in harm for older workers.
This
ruling affects about 75 million workers over 40,
which is about half of our nation's labor force,
according to the
Bureau of Labor Statistics.
As
indicated in the SHRM article, Smith vs. the
City of Jackson, Mississippi prompted the
ruling.
The City of Jackson revised their pay plan in
1999, giving police officers and dispatchers
with less than five years of service
proportionately greater raises than those who
had been with the department for a longer amount
of time. The city’s goal in instituting the pay
program was to align starting salaries with the
regional average while at the same time
attracting new recruits. Believing this to be
unfair, a group of officers over the age of 40,
all with more than five years experience on the
job, sued the city alleging intentional age
discrimination. The case went all the way to
the Supreme Court.
While the plaintiffs did not win their case, the
result of their Supreme Court appeal incited the
March 30 ruling.
Before the ruling, employees seeking damages
would have had to prove that the employer
crafted a policy with the intent to screen out
or exclude older workers. “That proof of intent
is very hard to come by even if it was there,”
explained Laurie McCann, another AARP senior
attorney, in the New York Daily News
article, “Mixed
Message on Age Bias.” “You’d be very lucky
if in discovery you found the memo or something
that said that was their intent.”
There is no
shortage of age discrimination complaints in
America. In fact, age bias in the workplace is
the fastest category of complaints received by
the
Equal Employment Opportunities Commission (EEOC).
In
2004, the EEOC received 17,837 charges of age
discrimination. Of these, the EEOC resolved
15,792 age discrimination charges and recovered
$60.0 million in monetary benefits for charging
parties and other aggrieved individuals, not
including monetary benefits obtained through
litigation.
In the Los
Angeles Times article, “High
Court Expands Right to Sue for Age Bias -
Intentional Discrimination by Employers not
Necessary for Older Workers to Prevail,”
Supreme Court Justice John Paul Stevens said
employers could successfully defend themselves
against such claims if they could show they had
good business reason for adopting the policy.
"Age, unlike race ... (sometimes) has relevance
to an individual's capacity to engage in certain
types of employment," said Justice Stevens, who
recently turned 85, and was part of the majority
opinion for the March 30 ruling.
In order to avoid age discrimination lawsuits,
employers must continue to be aware of any
adverse effects that their policies may have on
older employees. “Based on the court’s
rationale, I think employers will be well
advised to fully document the business reasons
for actions that will have an impact on a broad
group of employees,” said Maria Greco Danaher,
of Dickie, McCarney & Chilcote, in the
previously mentioned SHRM article.
Employers who
don’t consider the possible discriminatory
effects of their policies risk not only possible
lawsuits, but also the loss of experienced
employees with essential business knowledge and
experience. These seasoned individuals are
vital to the success of an organization.
Mark Twain
also once said, “Wrinkles
should merely indicate where smiles have been.”
Employers must strive to keep older employees
smiling by being sensitive to age discrimination
and by promoting fair business practices in the
workplace.
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Copyright 2007, Astron Solutions, LLC
ISSN Number 1549-0467
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