I just completed our EEO-1 report and now I hear it is changing? Is that true?
Yes! For those of you that are happy to have accomplished hitting “submit” of your EEO-1 in the past month…SURPRISE…we will get a few extra months to complete the form next year – but only because they want additional data on the report.
The Equal Employment Opportunity Commission (EEOC) just announced a new revised EEO-1 report that will need to be completed by March 1, 2018 for all employers with over 100 employees. The revised form will require these employers to accurately track and report on:
- The number of hours employees work;
- Identify their employees’ earnings using W-2 wage data over a 12-month period; and
- Classify employees in one of 12 pay bands in an effort to highlight and eliminate pay disparities.
It will be important for you to make sure your information is being accurately categorized beginning January 1, 2017 so this information can be easily captured for reporting. For more information refer to the Equal Employment Opportunity Commission.
Recordkeeping can be a daunting task, especially when you are trying to clean out old records and keep handy the pertinent ones. Keeping track of all the paper is extremely challenging. Strategic HR, inc. understands your frustration and has many tried-and-trusted tips on recordkeeping. Visit our Recordkeeping page to learn more about getting your employment records in order. Plus, check out our Recordkeeping Desktop Reference in our HR Store.