Today, on the anniversary of the Lilly Ledbetter Fair Pay Act, President Obama will announce that the EEOC is proposing a pay equity report that will be added to the existing EEO-1 report. This proposed revision would require all employers with 100 or more employees to submit an annual report on pay data. The first reporting cycle would be September of 2017. Highlights include:
- Reporting by EEO-1 category
- 12 Salary bands within EEO-1 category
- W-2 earnings
- Hours worked
An announcement is expected later today and the official proposal to be published early next week. An advanced copy of the proposed revisions is available until the official document is available through the Federal Register. A copy can also be found using the following DCI page. Stay tuned for additional information from DCI as we dissect this report.
By Dave Cohen, President, and Amanda Shapiro, Senior Consultant at DCI Consulting Group