Google employees walked out in protest over sexual harassment policies and practices and last week, the shareholders submitted a reasonable proposal that failed (along with all other shareholder proposals). Here’s the proposal:
RESOLVED, Shareholders request management review its policies related to sexual harassment to assess whether the Company needs to adopt and implement additional policies and to report its findings, omitting proprietary information and prepared at a reasonable expense by December 31, 2019.
Now, I understand why this didn’t pass–it never had a chance because the board recommended against it and Larry Page and Sergey Brin themselves control 51 percent of the vote. If you don’t convince those two, it doesn’t matter how brilliant your suggestion is–it’s not passing.
But, this was a mistake. A big one. Rejecting a proposal to assess sexual harassment policies basically states we’re happy as we are.
To keep reading, click here: Google Rejected Employees’ Plea to Reform Its Sexual Harassment Policy. Here’s Why That Is a Big Mistake