Businesses have been submitting information on the Employer Information Report, or EEO-1, for years. However, in September of 2016, the EEOC announced that employers would be required to begin submitting pay data on the EEO-1. This is a big change in the reporting process for companies.
With a change in parties and philosophies in the White House as well as shifts in the legislative branches, employers and HR professionals are rightfully wondering what the impact will be on their employment practices, current legislation and bottom line in 2017 and beyond. The steady preparations that many businesses had been advancing in anticipation of new requirement roll-outs and expected actions now have them asking themselves “how much are things going to change” and “what do we focus on now?”