White House announces two compensation related items on Equal Pay Day.
As part of "Equal Pay Day", President Obama today initiated two actions regarding Federal contractors and compensation by signing:
- An Executive Order prohibiting Federal contractors from retaliating against employees who choose to discuss their compensation. The Executive Order does not compel employees to discuss pay, nor does it require employers to publish or otherwise disseminate pay data. However, the Order provide a critical tool to encourage pay transparency so that employees have a potential way of discovering violations of equal pay laws and therefore are able to seek appropriate remedies.
- A Presidential Memorandum instructing the U. S. Secretary of Labor to establish new regulations requiring Federal contractors to submit to the U.S. Department of Labor ("DOL") summary data on compensation paid to their workers, including data by sex and race. The DOL will use the data to encourage compliance with equal pay laws and to target enforcement more effectively by focusing efforts where there are discrepancies and reducing burdens on other employers.
The Press Release from the White House can be found at: http://www.whitehouse.gov/the-press-office/2014/04/08/fact-sheet-expanding-opportunity-all-ensuring-equal-pay-women-and-promot