BREAKING: EEO-1 Report Component 2 (Pay and Hours Data) Suspended Indefinitely

On August 29, the Office of Information and Regulatory
Affairs (“OIRA”), a division of the Office of Management and Budget (“OMB”), suspended
“Component 2” of the revised EEO-1 Report.
“Component 2” would have required employers with over 100 employees to
submit W-2 compensation and FLSA hours worked information.

While this action by OIRA does not “kill” the Component 2
completely, it does relieve employers of their obligation to file W-2 and hours
worked data by the March 31, 2018 deadline.
Employers now do not need to undertake system changes that may have been
required for these pending reporting obligations.

EEOC will be publishing additional guidance in the Federal
Register, and Fortney Scott will report on these subsequent developments.