UPDATE!: EEO-1 Pay Data Reporting
Last month, we informed our clients and colleagues of the recent, pending decision of whether or not qualifying employers would be required to submit Component 2 (collection of pay data) of the EEO-1 report by May 31, 2019 in addition to Component 1. “Component 2” of the EEO-1 report is intended to analyze pay data to determine any disparities or discrimination in pay, with the goal of improving upon this issue should any discrepancies come to light.
Last week, the EEOC finally released an update on the requirement to submit pay data. Employers who meet the EEOC’s reporting criteria are required to submit Component 2 of the EEO-1 report for both 2018 and 2017 no later than September 30, 2019.
Note: Employers are still expected to submit Component 1 of the EEO-report by the May 31, 2019 deadline.
The EEOC will begin accepting this component of the report in mid-July from employers who file the EEO-1 report annually who have more than 100 employees (in both the private sector and some federal/government contractors or subcontractors with more than 50 employees). Employers are expected to report pay data which includes hours actually worked and pay data gathered from their employee’s W-2 forms which will be categorized by race, ethnicity, and sex.
2019 EEO-1 Reporting Deadlines:
- May 31, 2019: Component 1 data for 2018 is due
- June 14, 2019: Component 1 data for employers that requested a two-week extension is due
- July 15, 2019: Expected date employers can begin submitting Component 2 of the EEO-1 report
- September 30, 2019: Component 2 data for 2017 and 2018 is due
Don’t wait until the last minute to get this data compiled; HRCentral is here to help you and your HR Department gather and submit data for your organization’s EEO-1 report. Contact us today for assistance in filing or for establishing a streamlined reporting process.