Significant challenges remain for EEOC to collect data but contractors need to prepare
Breaking news for April 25, 2019
On April 25, 2019, U.S. District Judge Tanya Chutkan accepted the EEOC’s proposal to make employers submit their 2018 pay data by September 30, 2019. The reports will be submitted as Component 2 of the EEO-1 form. Not only will employers be submitting their W2 wages from 2018, but the judge has also required a second year of data to include either 2017 data or 2019 data to be submitted in 2020. The EEOC has until May 3rd to inform the court as to their intentions.
EEOC stated previously that they did not have the infrastructure to accept data at this time but could employ a 3rd party contractor to do so on their behalf. EEOC has not published details regarding the mechanism in which employers will upload the files. Nor have they declared if Component 1 and 2 will be submitted separately in the future or merge into a single submission date. However, it is known that W2 box one wages and hours worked will be needed to complete the two forms assuming they don’t change from the original proposals.
The case is NWLC et al. v. OMB et al., case number 1:17-cv-02458, in the U.S. District Court for the District of Columbia.
This update does not impact the May 31 deadline for Component 1 submission.
Here is what OutSolve wants you to know:
• Begin to consider 2018 W2 box 1 and hours worked data appended to EEO-1 data already needed.
• Also, strongly consider running proactive risk analyses now
• Be aware, this is not necessarily over yet, but it’s looking like this is happening
• OutSolve will be prepared and provide guidance
More details will be shared as EEOC provides additional information expected in May.
At OutSolve we are not only your consultants but your partners; we urge you to be proactive and have an expert review your data for risk analysis before submitting your information to the federal government.
Are you ready to submit the EEO-1 Component 2?
Every single company with more than a hundred employees is required to file compensation information to the federal government for the first time ever, and I hope you've got a lot of time in your hands because it's going to take a while.
Thankfully OutSolve can help. Our experience consultants can remove the burden of filing the report by simply sending us the data instead.
Meet David, he's one of our experienced consultant’s that is ready to complete the EEO-1 Component 2 for you. He will fill out 20 individual surveys covering race, gender, W-2 wages and hours worked for each person and each individual location of your company so you don't have to. In order to complete the report manually, not only must you can pile the additional data elements from your own files, but you'll need to sort them out by pay band, race and gender, locating a different place for each.
Not convinced you need help?
What takes an average of 15 minutes to do for a single EEO-1 location requires significantly more time to complete this report.
What was one screen per location for the traditional EEO 1 is now 20 that's right. A 2000% increase in workload for you.
We want to help! We'll provide you with a professional consultant who can do this in an efficient and timely manner. At OutSolve, we want to remove the burden. Give us a call, let us help!
EEO-1 Component 2 Survival Kit
EEOC IS REQUIRED TO COLLECT EEO-1 COMPONENT 2 PAY DATA FOR TWO YEARS
Are you wondering how to organize and format your data for a timely submission? This guide will help.