Is it legal in the USA to make it a hiring requirement for the applicant to hold investments?
Posted by admin on 28 Jun 2008 4:16 pm. Filed under Law & Ethics.
Janet S asked:
I applied for a job as a copy editor with an investment firm. I am highly qualified. I was tested, then interviewed by a comittee of five. After an hour of interviewing, I was told that I was no longer under consideration because I did not meet the requirement (NOT stated in the ad) of owning investments myself. Through no fault of mine, I have not been paid a living wage in seven years. The requirement that I hold investments – to edit copy – seems absurd and of doubtful legality. It discriminates against those trying to make a comeback, and those from the lower middle class who are “afraid” of investments and who need exposure to them in order to understand them.
I applied for a job as a copy editor with an investment firm. I am highly qualified. I was tested, then interviewed by a comittee of five. After an hour of interviewing, I was told that I was no longer under consideration because I did not meet the requirement (NOT stated in the ad) of owning investments myself. Through no fault of mine, I have not been paid a living wage in seven years. The requirement that I hold investments – to edit copy – seems absurd and of doubtful legality. It discriminates against those trying to make a comeback, and those from the lower middle class who are “afraid” of investments and who need exposure to them in order to understand them.
