Compliance is a hot topic in the world of HR. And among headlines like the #MeToo movement and the rapid increase in I-9 audits is the recent ruling on the EEO-1 Report.
What is the report?
Prior to the ruling, the report required employers to categorize company employment data by race, ethnicity, gender and job category. Now, employers will also need to accurately track and report the number of hours employees work, identify their employees’ earnings over a 12-month period and classify employees in one of 12 pay bands.
What does this mean for your organization?
For one, the additional data you’re required to provide is very significant. If your organization is unable to provide compensation, pay bands and hours worked into one report, it will create more administrative work and could result in costly reporting errors.
What is the deadline to file the report? How can you prepare for the new regulation?
Get the answers to these questions and more by downloading our EEO-1 Reporting Checklist.