On September 29, 2016, the Equal Employment Opportunity Commission (EEOC) announced the new EEO-1 Report. Because the new report will use W-2 data, the filing deadline is moving from September 30th to March 31st. As a result, no EEO-1 Reports will be filed in 2017. The EEOC news release can be found at: https://www.eeoc.gov/eeoc/newsroom/release/9-29-16.cfm.
The new EEO-1 Report will collect summary pay data for employers with 100 or more employees. As was proposed, the form will use W-2 data from Box 1 to put employees into pay bands within each EEO-1 Category. There will also be a second part of the report which will require the aggregate number of hours worked for each employee in the pay band within the EEO-1 Category. For non-exempt employees, the actual number of hours worked must be used. For exempt employees, employers have the option of using the actual number of hours worked, or they may use 20 hours per week for part-time employees and 40 hours per week for full time employees.
Please contact us by calling (732) 446-2529 or sending us an e-mail at glennbarlett@gbcs.net if you are interested in discussing the revised EEO-1 Report.