"The plaintiff, hired in 2009 as a vice president in the French branch of Credit Suisse's UK operations, believed she had been discriminated against "because of her sex, her pregnancy and her status as a mother". In court, she cited about 10 incidents to support her claim, including "structural sex discrimination within the company" and the "sudden termination of her variable compensation coinciding with her pregnancy"."
"The judgment from the Paris Court of Appeal said the documents provided by the plaintiff "materially establish" the "structural sex discrimination within the company". Three years after joining the bank, the plaintiff requested a promotion to the rank of director and two years later, in September 2014, she announced her pregnancy. The bank never granted her promotion request and after several maternity leaves, she and the bank signed a mutual termination agreement in June 2016."
A French court ordered Credit Suisse to pay €910,000 to a trader whose promotion and raise were put on hold after she announced her pregnancy. The plaintiff was hired in 2009 as a vice president in the French branch of Credit Suisse's UK operations and claimed discrimination because of her sex, pregnancy and status as a mother. She cited about ten incidents, including structural sex discrimination and the sudden termination of variable compensation coinciding with her pregnancy. She requested promotion to director but never received it. After several maternity leaves, a mutual termination was signed in June 2016. A labour court awarded €150,000 in 2019, and she appealed for higher damages. The Paris Court of Appeal found the plaintiff’s documents materially establish structural sex discrimination. The decision is not final and can be appealed. Credit Suisse has since been acquired by UBS.
Read at The Local France
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