FortneyScott 2nd Lunch & Learn: Mandatory Annual Compensation Disclosure: The Revised EEO-1 Report

Feb 12, 2016

 

FortneyScott is offering the second in its complimentary, five-part Lunch & Learn series
to assist you in responding to the new workplace regulations and compliance obligations. The second session is entitled, Mandatory Annual Compensation Disclosure: The Revised EEO-1 Report.


Register here for the February 25th Lunch & Learn session.


At the White House on January 29, 2016, President Obama announced the Equal Employment Opportunity Commission (EEOC)’s proposed revision of the EEO-1, converting it into a vehicle to collect pay data. The proposed revision will add a component to the current EEO-1 report which requires disclosure of compensation and hours worked data by seven race and ethnicity categories and ten job categories, all to be displayed in the 12 pay bands proposed by the EEOC.


Early estimates have counted well over 1,000 different cells to be reported in each EEO-1 Report. This annual obligation is imposed on employers who have 100 or more employees beginning with the 2017 report.


The proposal to report W-2 pay data by pay band and EEO-1 job group raises many compliance questions for employers, from the scope of the compliance burden to the security of confidential compensation information. Join the Lunch & Learn to hear the issues discussed in depth.

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