Compliance Alert: EEO-1 Pay Data Due Sept. 30
Compliance Alert: EEO-1 Pay Data Due Sept. 30

Compliance Alert: EEO-1 Pay Data Due Sept. 30

Keeping up with the ever-changing compliance landscape is a tall task for any employer. And with the latest updates to the EEO-1 report, covered employers are facing a tight deadline to comply.

What is the EEO-1 report?

The EEO-1 report is a compliance survey that requires companies to collect employment data by ethnicity, gender, race and job category and submit it to the EEOC by May 31 of each year. The data provided by employers is used to analyze employment patterns and identify pay discrimination.

What are the new requirements?

Back in 2016, the Office of Management and Budget (OMB) released revisions to the EEO-1 report that required employers to provide wage information and hours worked for employees. The OMB put the requirements on hold, but in April of 2019, a federal judge ruled that employers must report 2017 and 2018 pay data and total hours worked for employees by race, ethnicity and sex by Sept. 30, 2019.

Not only is there a tight deadline to collect and submit information, but the amount of additional data employers are required to provide is very significant.

Our latest infographic on the revised EEO-1 report covers critical information and questions employers need to ask to ensure they are prepared to meet the new deadline.

More to Discover

Banker

The Hidden Costs of In-House HR & Payroll

The Hidden Costs of In-House HR & Payroll

For years, many small businesses relied on in-house resources to process payroll and keep up with tax filings. Outsourcing payroll to a company was often deemed too costly and most businesses hesitated to relinquish full control.But with the growth of HCM technology and a host of available solutions to manage all components of the employee lifecycle, resistance to outsource HR and payroll has greatly declined. If you’re torn between the two options, check out our infographic below which highlights the risk and hidden costs of shouldering the burden alone.

Case Study: Pawtucket Red Sox

Case Study: Pawtucket Red Sox

The Pawtucket Red Sox Save 80+ Hours a Year with Paycor Solutions “Paycor’s solutions are truly influenced by the professionals who use them. I personally made a suggestion for a product enhancement and it was implemented within months. That tells me Paycor is focused on providing a useful tool and quality experience for users and not just making another sale.” - Matt Levin, Senior Vice President/Chief Financial & Technology Officer Why the Pawtucket Red Sox Baseball Club Chose Paycor The Pawtucket Red Sox (Pawsox) are more than a professional minor league baseball club. They’re an organization that’s dedicated to positively impacting their local community. But since their HR & payroll technology was more of a burden than a...

Case Study: Carolina Taco

Case Study: Carolina Taco

After experiencing numerous tax filing and payroll processing errors, Carolina Taco and Prepared For You Inc. found a provider they could trust in Paycor. “My favorite thing about Paycor is the customer service. The team I work with is so helpful and responsive. They never leave me hanging and go above and beyond to answer questions and support our business.” - Diane Labiendo, Corporate Office Manager, Carolina Taco & Prepared For You Inc. Prior to Paycor Processing payroll was a time-consuming and frustrating experience. Not only did they experience multiple payroll and tax issues, but their previous provider failed to properly pay an employee’s child support. Phone calls searching for support often went unanswered, and HR is still...

What Happens if I Incorrectly Pay Employees?

What Happens if I Incorrectly Pay Employees?

Overpaying or underpaying employees seems like an easy problem to avoid. But it’s a serious challenge that plagues small and medium-sized businesses alike. In 2019 alone, the DOL collected a record $322 million in back wages for employees. With more crackdown and higher penalties, businesses need to be more prepared than ever before. But Penalties Aren’t Your Only Problems Keep in mind the DOL won’t be your only headache. Employee satisfaction, brand reputation and your bottom line are all at risk. To help, here’s everything you need to know should you ever incorrectly pay an employee. What Should You Do If You Overpay an Employee? Let’s start with the basics: According to the Fair Labor Standards Act (FLSA), employers that make a...