EEOC’s Proposal to Collect Pay Data Explained

Stock Trader Looking Though PaperworkThe Equal Employment Opportunity Commission (EEOC) recently released “What You Should Know: Equal Pay and the EEOC’s Proposal to Collect Pay Data”, a document containing detailed information on the agency’s intent to collect pay data based on gender, race, and ethnicity from employers with 100+ employees. Announced earlier this year, the EEOC’s revisions to the Employer Information Report (EEO-1) include broadening the reference to “equal pay” to include areas such as overtime pay, bonuses, and paid time off. Employers should take note that although the EEO-1 report applies only to employers with more than 100 employees, the Equal Pay Act holds employers of all sizes to the same standards. Employers should review their current pay practices and review if they are in compliance with the Equal Pay Act before the EEOC begins collecting this information.

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