This Compliance Bulletin is a follow-up to the blog post, “EEO-1 Component 2 Data: What Employers Need To Know”, written by President and CEO, Elliot Dinkin.
On September 27, 2019, the Equal Employment Opportunity Commission (EEOC) announced that the online filing system used to file EEO-1 Component 2 will remain open after the September 30, 2019, deadline to allow additional time for employers to provide Component 2 data for both 2017 and 2018 plan years. The filing extension was a result of a current court order, National Women’s Law Center vs Office of Management and Budget, that required the EEOC to continue to accept filing submissions until the required number of responses, as outlined in the court order, were received.
The EEO-1 filing is reporting mandated by federal statute and regulations. There are two Components that must be filed for the above. Component 1, which requires employers to provide company employment data categorized by race/ethnicity, gender, and job category and, new for 2019, Component 2, which requires employers to provide reporting on employees’ hours worked and pay information as reported on employees’ W‑2 forms, broken down into the same categories listed above.
Not all employers must file EEO-1 reporting with the EEOC. Employers who have 100 or more employees are required to file both Component 1 and 2 of the EEO-1 reporting. Federal government contractors and first-tier subcontractors with 50 or more employees and that have at least $50,000 in contracts must file Component 1 data only.
The attached article provides a high-level review on the submission extension and offers additional action steps on how to proceed with Component 2 filing.
If you have questions regarding EEO-1 reporting, or other compensation questions, please contact your Cowden team.