The EEO-1 Component 2 is an additional submission that includes year-end earnings and hours worked grouped by EEO-1 job category and separated by race/ethnicity, gender, and pay band (12 pay bands).
EEO-1 Component 2 requires two additional data elements in addition to the standard data required to prepare the EEO-1 Component 1 submission files.
- Pay data (annual earnings: use W2 Box 1 (2017 & 2018))
- Annual hours worked
As experts in compliance and preparing EEO-1 Reports for 20 years, OutSolve can handle EEO-1 Component 2 for you. We will prepare your data, generate the required file and submit the reports in the format required by EEOC by the September 30, 2019 deadline.
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.
To schedule a call to discuss EEO-1 Component 2 with OutSolve, please contact us now.
Beyond risk analysis you should strongly consider advanced pay equity analyses to identify and address any wage differences that could be potential risks. The analysis should be conducted under attorney-client privilege. OutSolve can also assist you with this.
EEO-1 Component 2 Resources:
EEO-1 Component 2 Quick Facts [DATASHEET]
EEO-1 Component 2 Webinar [WEBINAR]