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Time & # 39; s Up Advocacy Organization sent an open letter to Shari Redstone and the CBS Corp. Board of Directors. calling for large-scale changes in the culture and management of the media company and demanding that the full severance pay given to women's groups.
"It's your moment," began the two-page letter, published Tuesday. "A cascade of women's voices has changed the rules. The old playbook does not apply anymore. As one of the most powerful companies in the world, you have a choice. You can cling to a status quo while it collapses. Or you can demonstrate what happens when true leadership embraces the future. It's now your chance to rise.
The two-page letter arrived two days after Moonves resigned when charges of sexual harassment and assault were laid against him. In five points, he asked the management of the CSB to conduct "a complete and independent investigation into any allegation of sexual harassment"; establish "a workplace culture that represents the values of safety, equity and dignity"; put in place a hiring and promotion process that "will create an inclusive workforce at all levels"; provide regular training at all levels of the company on business culture, diversity and inclusion; and launch a pay equity study to eliminate gaps based on race and gender.
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Time's Up, stemming from revelations about sexual assault and harassment in the entertainment industry, also demanded that CBS pay Moonves all of the $ 120 million held in reserve pending the results. of an internal investigation of the SCS. who helps women. "We ask you not to dishonor the bravery of those who manifested themselves by spending this money imprudently."
CBS announced Sunday that the company and Moonves would donate $ 20 million to organizations supporting the #MeToo movement, with funding for a possible distribution of Moonves.
Read the full letter of Time's Up below:
Mrs. Redstone and members of the board of directors of CBS:
This is your moment A cascade of women's voices has changed the rules. The old playbook does not apply anymore. As one of the most powerful companies in the world, you have a choice. You can cling to a status quo while it collapses. Or you can demonstrate what happens when true leadership embraces the future. It's now your opportunity to get up.
As Norah O'Donnell said this week in CBS This Morning, "Women will never achieve true equality in the workplace and society until leaders take it into account and will not accept any responsibility". The CBS environment is your responsibility.
CBS has had busy days with significant changes: the departure of the CEO, the updating of the board and the supervision that the board has begun to do. But it's not over yet.
TIME'S UP was created to help workplaces enter a new era – a world that demands safe, fair and dignified work for all women. We ask you and senior management to enter this era with us, for the good of your employees and as an example for your colleagues and colleagues. We ask you to review and redo not only the structure, but also the culture of CBS and to take permanent responsibility for security and equity issues in your business.
Sexual harassment, retaliation and toxic work environments exist when workplaces are not completely diversified and inclusive at all levels and employees can not feel safe or reach their full potential. Comprehensive and independent investigations into alleged wrongdoing and the departure of a few leaders are just the beginning. Real progress can only occur with a transparent commitment to long-term structural change from top to bottom.
We are pleased to see the appointment of several new women to the board. But by restoring the board so quickly, a meaningful inclusion opportunity was missed. Women of color and other underrepresented candidates have not been added to the board in a manner that reflects CBS's broad audiences.
While working on this issue, the new board can also show leadership in addressing current issues that hinder the advancement of women and equality in the workplace.
TIME'S UP urges the newly reconstituted CBS Council to commit to:
● A complete and independent investigation into all allegations of sexual harassment, whether the subject of the investigation resigns or quits. Those who come forward should also be protected from possible retaliation.
● Establish a workplace culture that represents the values of safety, equity and dignity, with this tone of the top of the company. The board should establish regular (and not special) committee oversight of workplace culture as a matter of corporate governance, and senior management should be held accountable with specific and measurable benchmarks.
● Establish a recruitment, promotion and retention policy that will create an inclusive workforce at all levels and set and measure goals to reach a workplace that reflects the American population. This includes dynamic recruitment for truly diversified management talent, as well as the entry-level pipeline. As stated on the company's website, the nine oldest members of CBS Corporation's management team and the managers of each of CBS's divisions are all men.
● Provide training at all levels of the company, including consulting, values, diversity and inclusion, as well as management skills, and commit to regular training.
● Undertake a study on pay equity and commit to addressing racial, ethnic or gender gaps.
We do not expect these measures to be implemented overnight. We do not ask for miracles. We recognize that a significant and lasting change will take time. But by adopting measures such as above, you can create a model not only for the media and entertainment industry, but also for business in general.
With respect to Mr. Moonves, we are asking for a commitment to ensure that the results of the investigation bring transparent integrity to the process. We also ask that the total amount of Mr. Moonves' severance pay be paid to organizations that deal with sexual harassment and workplace safety. That's $ 120 million going to Mr. Moonves or the corporate coffers that have allowed Mr. Moonves' culture to continue. Or that $ 120 million can create change by going to organizations – and there are many influential organizations – that can help women of all kinds. The choice belongs. But the answer is obvious. We ask you not to dishonor the bravery of those who manifested themselves by spending this money imprudently.
As we said, you now have the opportunity to get up.
We are ready to work with you and promote your progress as you go.
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