Back in May 2020, the EEOC announced that due to COVID-10, EEO-1 reporting for 2019 would be delayed until March 31, 2021. Employers will also be expected to submit 2020 reporting data on this data. We’ll keep you posted on any further updates.
Need a refresher on what EEO-1 reporting entails? We’ve got you covered.
EEO-1 Reporting 101
Who’s Required to File?
All private employers with 100 or more employees, all federal contractors and first-tier subcontractors with 50 or more employees and all financial institutions/government depositories with 50 employees or more are required by federal law to categorize employment data by race, ethnicity, gender and job category.
What’s the Purpose of the EEO-1 Report?
The EEO-1 report is used to review employment practices, patterns and identify any instances of workplace discrimination. The EEOC and the Office of Federal Contract Compliance Programs (OFCCP) review the EEO-1 report to determine which employers should be further evaluated for any compliance violations.
Component 1 data relates to job categories sorted by race, ethnicity and gender. Component 2 data requires employers to include the hours employees work and pay information from their W-2 forms by race, ethnicity and gender within 12 pay bands.
What is the Deadline for EEO-1 Reporting?
In the past couple of years, EEO-1 reporting deadlines have been hard to predict. For more than five decades, employers were required to submit the EEO-1 report by September 30 of each year. In 2018, that date changed to March 31. In 2019, the Equal Employment Opportunity Commission (EEOC) notified all employers of an extension for reasons related to the government shutdown. In 2020, the deadline was delayed again, this time due to the pandemic.
The most important takeaway for covered employers is that the 2019 and 2020 reporting deadline is now set for March 31, 2021. Note: this only comprises Component 1 data.
Component 2 data (related to pay) for FY 2017 and 2018 was required to be filed by September 30, 2019. Collection of this data for subsequent years has been halted—however, this has been the topic of legal debate and is subject to change.
California Pay Data Reporting
In 2020, California passed Senate Bill 973, making it the first state to require pay data reporting by race and data. This is essentially a state-level version of EEO-1 Component 2 reporting. Covered employers in that state will be required to file to the Dept of Fair Employment and Housing by March 31, 2021—Paycor will bring you further details as they are confirmed. As with the federal reporting, our system is set up to make reporting as simple as possible for our clients.
Paycor is not a legal, tax, benefit, accounting or investment advisor. All communication from Paycor should be confirmed by your company’s legal, tax, benefit, accounting or investment advisor before making any decisions.
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