July 12, 2019
The EEOC has provided long awaited guidance for employers regarding Component 2 pay data reporting. This article breaks down the information into some pieces employers should evaluate early on.
The EEOC’s website now provides information, including a sample form, an instruction booklet, a user guide and FAQs for covered employers. According to the agency, the Component 2 online filing system will be available July 15, and additional instructions will also be released.
Covered employers should have already submitted EEO-1 data on job category, race, sex and ethnicity. The deadline to submit was extended to May 31, 2019 (Component 1 data from any pay period from October through December of 2018).
Covered employers should prepare now to gather Component 2 data for the September 30th deadline (2017 and 2018 payroll data). This may involve complexity, depending on how pay data is stored, whether you use a third-party vendor, etc. Be sure you have the capacity and expertise to accurately capture, analyze and report the required data. If necessary, be prepared to reach out to technical and subject matter experts (in- house or external) to ensure you have the resources required to comply with Component 2 reporting.
Unsure if this applies to you? Check out our previous blog here for more information.
he U.S. Equal Employment Opportunity Commission (EEOC) announced on July 16, 2020 that it has voted unanimously to fund a statistical study with the National Academies of Sciences, Engineering, and Medicine’s Committee on National Statistics (CNSTAT) to conduct an independent assessment of the quality and utility of the EEO-1 Component 2 data for FY 2017 and 2018.
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About the Author
HR thought leader, Stacy Johnston, provides innovative HR solutions with a mission to support organizations in understanding and engaging their biggest competitive advantage… their employees. Johnston writes and speaks about contemporary HR topics. She is a licensed attorney and holds the SHRM-CP and PHR credentials.
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