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EEO-1 Compensation Data Collection Halted

SHRM shared the following information and I want to pass it on to employers who fall within the following category.

Good news from the Equal Employment Opportunity Commission (EEOC) Acting Chair Victoria Lipnic. On August 29, Lipnic issued a statement indicating that the Office of Information and Regulatory Affairs (OIRA) plans to stay the effective date of the pay data collection provisions of the revised EEO-1 form in order to review the appropriateness of the revisions under the Paperwork Reduction Act. The new reporting would have been effective March 31, 2018, which would have required employers with 100 or more employees to report W-2 wage information and total hours worked for all employees by race, ethnicity and sex within 12 proposed pay bands. Because of OIRA’s decision to stay the effective date, employers will not need to report on wages or hours worked when they submit their usual EEO-1 forms.

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