Time Warner Inc.: A Leader in LGBT Benefits
August 23, 2012 by Dan Rafter, Associate Director of Communications
Time Warner Inc. is a longtime leader in corporate equality fairness and has scored 100 percent on the HRC Corporate Equality Index for the past five years. The company just announced that it is implementing tax equalization on benefits for employees in same-sex marriages, or in same-sex partnerships/civil unions in states where same-sex marriage is not legal. Time Warner Inc. is the first major media and entertainment company to take this step forward.
Because of the discriminatory Defense of Marriage Act, which denies rights and benefits to otherwise legally married same-sex couples, a gay or lesbian employee in a same-sex union usually has to pay taxes on the health benefits for their partner. Time Warner Inc. and a number of other companies are now absorbing the cost of these taxes, ensuring that gay and lesbian employees don’t face an undue burden not placed on their coworkers in opposite sex marriages.
HRC worked with Time Warner in taking this next step toward full equality for their LGBT employees. And this step is just the latest in a decade of remarkable progress we’ve seen for LGBT equality in the workplace:
- 86 percent of Fortune 500 companies protect employees on the basis of sexual orientation.
- 50 percent of Fortune 500 companies protect employees on the basis of gender identity.
- Since 2002, the number of Fortune 500 companies offering domestic partner benefits climbed 76 percent.
Learn more via HRC’s Workplace Project.
HRC is working with employers across the country to fix this unfair tax burden, and continues to urge Congress to pass the Tax Parity for Health Plan Beneficiaries Act. Time Warner is a member of a group of major companies working with HRC to advocate for this legislation, the Business Coalition for Benefits Tax Equity.
July 30, 2014