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Corporate Diversity Addendum - Maryland
Corporate Diversity Addendum is a legal document that was released by the Maryland Department of Assessments and Taxation - a government authority operating within Maryland.
FAQ
Q: What is the Corporate Diversity Addendum?
A: The Corporate Diversity Addendum is a policy implemented by the State of Maryland to encourage and promote diversity within corporations.
Q: Why was the Corporate Diversity Addendum created?
A: The Corporate Diversity Addendum was created to address the underrepresentation of minority groups and women in corporate leadership positions in Maryland.
Q: What is the purpose of the Corporate Diversity Addendum?
A: The purpose of the Corporate Diversity Addendum is to increase diversity and inclusion in corporate leadership positions and to create equal opportunities for all individuals.
Q: Which corporations are required to comply with the Corporate Diversity Addendum?
A: Corporations that have a specified number of employees and hold a contract with the State of Maryland are required to comply with the Corporate Diversity Addendum.
Q: What are the requirements under the Corporate Diversity Addendum?
A: Under the Corporate Diversity Addendum, corporations must establish diversity goals, implement strategies for achieving those goals, and submit an annual report on their progress.
Q: What are the consequences for non-compliance with the Corporate Diversity Addendum?
A: Corporations that fail to comply with the Corporate Diversity Addendum may be subject to penalties, such as contract termination or ineligibility for future contracts with the State of Maryland.
Form Details:
- The latest edition currently provided by the Maryland Department of Assessments and Taxation;
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