Is Paramount ethical?

What Choice found

Choice can get this wrong — tell us if something's off.

1–3 of 3

Community investment Confirmed

Paramount demanded $1M to Palestine Children’s Relief Fund

Paramount is called upon to donate $1 million to the Palestine Children’s Relief Fund to match its 2023 donation to Israel humanitarian efforts.

2 sourcesRead sources
variety.com
HUMANITARIAN SUPPORT: We call on Paramount leadership to match the $1M in corporate donations made in October 2023 to Israeli organizations by donating $1M in humanitarian relief to the Palestine Children’s Relief Fund, a non-profit providing medical and humanitarian aid to children.
1 with a list of demands, including a call for Paramount to donate $1 million to the Palestine Children’s Relief Fund in order to match its 2023 donation of the same amount to humanitarian relief efforts in Israel.
yahoo.com
1 with a list of demands, including a call for Paramount to donate $1 million to the Palestine Children's Relief Fund in order to match its 2023 donation of the same amount to humanitarian relief efforts in Israel.
HUMANITARIAN SUPPORT: We call on Paramount leadership to match the $1M in corporate donations made in October 2023 to Israeli organizations by donating $1M in humanitarian relief to the Palestine Children's Relief Fund, a non-profit providing medical and humanitarian aid to children.

Labor & working conditions Confirmed

Paramount approves hourly wage increases for associates

Paramount approved hourly wage increases for associates in the ordinary course of business consistent with past practice.

1 sourceRead sources
sec.gov
ount Employee Plan and (ii) entrances into employment agreements or separation agreements in the ordinary course of business consistent with past practice that do not provide for severance (other than severance that is materially consistent with the severance provided to other similarly-situated Paramount Associates), change in control or retention payments or benefits; (b) accelerate the payment, vesting or funding of, or take any action to fund or secure the payment of, any compensation or benefits under any of the Paramount Employee Plans, or, except as required by GAAP, amend the funding obligation or contribution rate to, or change the underlying assumptions to calculate benefits payable under, any Paramount Employee Plan; (c) grant or pay to any Paramount Associate any new or increased cash incentive or other compensation or benefits, other than increases to base salaries or hourly wage rates, target bonus opportunities or target long-term incentive opportunities with respect to Paramount Associates approved in connection with either (i) Paramount’s established semi-annual compensation processes for annual merit increases, market adjustments and promotions or (ii) an employment contract renewal, in either case, to the extent such approval occurred in the ordinary course of business consistent with past practice; (d) grant or increase any change in control or transaction-related retention compensation; (e) grant or increase any severance or similar compensation and/or benefits to any Paramount Associate with an annual base salary in excess of $1.5 million; (f) hire or terminate (other than for cause or due to death) any Paramount Associate with an annual base salary in excess of $1.5 million; or (g) unless Paramount or New Paramount (as applicable) has first provided prior written notice thereof to Skydance, implement or announce any mass employee layoffs, plant closings, or other similar actions that trigger notice obligations under the Worker Adjustment and Retraining Notification Act of 1988, as amended, and any similar foreign, state or local law;

Education Confirmed

Paramount funds college scholarships via donations

Paramount donors support local students through the Paramount Education Partnership.

1 sourceRead sources
paramountcity.gov
The Paramount Education Partnership (PEP) awards annual college scholarships to local students attending a two- or four-year college or technical school through the generous donations of local businesses and individuals.