UPDATE: On August 29, 2017, the Office of Management and Budget's (OMB) delayed major updates to the EEO-1 reporting requirements. While there are some updates to the EEO-1 reporting requirements, information regarding pay data and hours worked will not be required for 2018 filing. The below provides an overview of the delayed rule.
The New EEO-1 Report
On September 29, 2016, the Equal Employment Opportunity Commission (EEOC) finalized a new rule that will expand the data employers are required to collect in the EEO-1 Report.
The current EEO-1 Report requires company employment data to be categorized by race, ethnicity, gender and job category.
The new rule would require employers and contractors with
at least 100 employees to accurately track and report on the number of hours employees work, identify their employees’ earnings using W-2 wage data over a 12-month period and classify employees in one of 12 pay bands in an effort to highlight and eliminate pay disparities.
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