EEO-1 Reporting Requirements
The Equal Employment Opportunity Commission (EEOC) has announced that employers must report pay data broken down by race, sex, and ethnicity, from 2017 and 2018 payrolls, due September 30. An appeal of the latest decision has been filed, so it's possible that there could be yet another change to the requirements but employers should plan to comply with the deadlines described below.
Businesses with at least 100 employees and federal contractors with at least 50 employees will be required to file the new EEO-1 form. If you have fewer than 100 employees and no federal contracts, you are not subject to EEO-1 reporting requirements.
The pay data on the EEO-1 will be broken down into two components:
Component 1 data: This is the information that has always been required. It includes data about all employees by job category, race, ethnicity, and sex. Component 1 data for calendar year 2018 is due by May 31, 2019. The online survey application is open and available here. If you have never filed the EEO-1 report before and believe you need to, start here.
Component 2 data: This is the newly required information. It includes data about all employees, including W-2 wages, total hours worked, race, ethnicity, and sex. This year employers will need to report Component 2 data for calendar years 2017 and 2018. Component 2 data is due by September 30, 2019. The online filing portal is not yet open, but expected to be available mid-July.
For more information on the new EEO-1 click here. The EEOC has provided answers to Frequently Asked Questions and also created an Instruction Booklet.
Posted on Thu, June 13, 2019
by The Paytime Team