Posts Tagged ‘EEO-1 Component 2’
Massachusetts Pay Transparency Moves a Step Closer
Massachusetts is poised to follow California and Illinois and become the third state to require pay data reporting. It would also be the eleventh to require pay transparency in job listings. On October 4, Massachusetts House of Representatives voted 148-8 in favor of the legislation. Pay transparency and wage equity requirements October 4,3, If successful…
Read MoreEEO-1 Component 2: Prepare for Pay Data Reporting
Speculation over the return of EEO-1 Component 2 pay data reporting has been rife for some time. To be precise, since Equal Employment Opportunity Commission (EEOC) Commissioner Keith Sonderling warned, “Watch out, it is coming”. This time, speculation cannot be dismissed, as Bloomberg Law reports the EEOC is “widely expected” to reinstate EEO-1 Component 2. …
Read MoreIs the EU Pay Transparency Directive the Future for US Pay Equity?
On April 24th, 2023, the Council of the European Union formally adopted the EU Pay Transparency and Pay Reporting Directive, following its approval by the European Parliament on March 30th. Its key aim is to close the gender pay gap by introducing some of the most stringent and comprehensive pay transparency laws to date. The…
Read MoreThe OFCCP’s EEO-1 Data Release and What You Need to Do Next
The OFCCP’s EEO-1 Data Release and What You Need to Do Next The return of EEO-1 Component 2 reporting, which was reversed under the Trump administration but could be reinstated as a priority under Biden’s administration, would cause many employers to scramble to meet the requirements in time to comply with reporting deadlines. Recently released…
Read MorePay Data Reporting Key To Ending Pay Discrimination
For the 2017 and 2018 reporting years, the Equal Employment Opportunity Commission (EEOC) expanded EEO-1 reporting for employers by introducing the collection of employee pay data. Known as EEO-1 Component 2, the EEOC’s short-lived pay data reporting requirements demonstrated significant value in identifying and resolving pay discrimination in the workplace. This was recently confirmed in…
Read MoreFederal Agencies Kick-off HIRE Program to Promote DEI&A
Today, the Equal Employment Opportunity Commission (EEOC) and Office of Federal Contract Compliance Programs (OFCCP ) launched their partnership program to ensure workplace equity – the Hiring Initiative to Reimagine Equity (HIRE). According to the official fact sheet, “HIRE is a multi-year collaborative effort chaired by EEOC Chair Charlotte A. Burrows and OFCCP Director Jenny…
Read MoreOFCCP Confirms It Will Leverage EEO-1 Component 2 Pay Data
The Office of Federal Contract Compliance Programs (OFCCP) recently announced that effective immediately, it would be using EEO-1 Component 2 pay data for enforcement. This is a complete departure from the agency’s previous statements. In the official notice, the OFCCP states that its original decision to not leverage the Component 2 Pay Data “was premature…
Read MoreEmployers: EEO-1 Reporting Portal Scheduled to Open in April
There’s important news for employers concerned with advancing their Diversity, Equity, and Inclusion (DEI) efforts. The U.S. Equal Employment Opportunity Commission (EEOC) has announced that collections of 2019 and 2020 EEO-1 Component 1 Data, postponed in 2020 due to the Covid-19 crisis, will begin in April 2021. Some background: As part of its efforts to…
Read MoreHow Employers Can Turn Pay Data Reporting into a Better Business
From Risk to Opportunity: How Employers Can Turn Pay Data Reporting into a Better Business Workforce data is the fuel that powers engines of innovation and growth in the 21st century. Just as crude oil must be distilled in order to make gasoline, workforce data must be wrangled, segmented, and cleaned in order to maximize…
Read MoreDFEH Adds New Guidance for SB 973 Reporting Due on March 31
3 minute read California’s Department of Fair Employment and Housing (DFEH) recently released additional FAQs to assist employers in submitting pay data reporting under SB 973 to the DFEH. Under SB 973, beginning this year, private employers with at least 100 employees and required to file an annual Employer Information Report (EEO-1) are required to…
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