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Investors Pressure Railroads to Add Sick Time for Workers
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 Dec. 7, 2022 | ECONOMY | Major freight railroads are facing pressure to add sick days for their workers from a new front: An influential investment group says some of its members are now pushing the measure that Congress declined as part of the contracts they imposed last week to avert a potentially devastating nationwide rail strike. The Interfaith Center on Corporate Responsibility said Monday that two investment managers it works with to help promote social change at companies had filed proposals at Union Pacific and Norfolk Southern railroads to give shareholders a vote on whether rail workers should get paid sick leave. Similar proposals are likely to be filed at CSX and at BNSF’s parent company of Berkshire Hathaway. Marvin Owens, with nonprofit investment manager Impact Shares, said companies should consider sick time as an investment in its workforce, not an expense. “In this day and age, this really boggles the mind why a company would not provide that given the need to retain workers and really provide workers with the kind of support needed to keep them in place and to keep them healthy. Paid sick leave is key to that.” PBS
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