In 2016, the Equal Employment Opportunity Commission (EEOC) implemented a new reporting requirement for employers with 100 or more employees. These employers were to collect and report on the EEO-1 employee’s W-2 compensation and hours worked. The first pay data reporting was required in March 2018. See our prior article by clicking here.
The Office of Management and Budget (OMB) announced a suspension of the EEO-1 pay data collection and reporting requirement. Now, employers will not have to report W-2 compensation and hours worked for employees when they file their EEO-1 report. Employers with 100 or more employees, and federal contractors with 50 or more employees and contracts of $50,000 or more, will still have to provide information about employees by race, ethnicity and sex, in each employer location and job category on Form EEO-1.
Many employers will be pleased that they no longer have to report to the EEOC wages and hours of their employees. They should still continue to track and report employee data by ethnicity, race and sex. The next EEO-1 filing is due by March 31, 2018.
