The Equal Employment Opportunity Commission (EEOC) has taken the next required step in its announced plan to modify the annual Employer Information (EEO-1) Report to require employers to report summary compensation and hours worked data for employees.
The EEOC’s proposal, submitted last week to the White House Office of Management and Budget (OMB), which must approve the changes before they can go into effect, contains only minor revisions from the original proposal published by the EEOC earlier this year. If approved by OMB, the new EEO-1 will require employers to report employee headcount for each of 12 pay bands within each of the 10 EEO-1 job categories by each demographic group. A separate reporting requirement would require employers to aggregate the total number of hours worked for each category of workers.
Under the EEOC’s revised proposal, the filing cycle for the EEO-1 would be changed from the end of the third calendar quarter (September 30) to the end of the first calendar quarter (March 31). Assuming the revised form is approved by OMB, covered employers would be required to use the revised EEO-1 to report the new compensation and hours worked data for the first time in March 2018, based on a snapshot of the workforce taken in the fourth quarter of 2017, and with 2017 calendar year pay and hours worked data.
OMB will accept public comments on the EEOC’s proposed revisions until August 15, 2016.
A copy of the proposed EEO-1 Report and additional information are available here.
Members of the Equal Employment Advisory Council (EEAC) can read more here.