Tuesday, August 19, 2014

Fwd: Small Business Reg Alert- DOL to Require Government Contractors to Report on Employee Pay



---------- Forwarded message ----------
From: Small Business Administration <news@updates.sba.gov>
Date: Tue, Aug 19, 2014 at 7:25 AM
Subject: Small Business Reg Alert- DOL to Require Government Contractors to Report on Employee Pay
To: iammejtm@gmail.com


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DOL to Require Government Contractors to Report on Employee Pay

On August 8, 2014, the Office of Federal Contract Compliance Programs (OFCCP) of the Department of Labor released a proposed rule to require certain contractors to submit reports on employee compensation.  The rule requires employers who file Employer Information Reports (EEO-1 Report), have more than 100 employees, and a contract, subcontract or purchase order amounting to $50,000 or more to submit a new Equal Pay report which includes summary data on employee compensation by sex, race, ethnicity, specified job categories, and other relevant data points such as hours worked, and the number of employees. 

Comments are due by November 6, 2014.

 


 

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Jeremy Tobias Matthews

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