The EEO-1, Component 2 Employers Must Report by September 30
The Equal Employment Opportunity Commission (EEOC) exists to ensure fair workplace practices for all demographics of employees. To ensure compliance, employers must file an EEO-1 Component 2 Form by September 30, 2019. The survey is to be completed annually by employers with at least 100 employees, both full-time and part-time.
As September 30th draws closer, here’s what employers need to collect to be within EEO-2 compliance.
What must be reported?
Pay information from each employees’ W-2 form
What are the guidelines?
Employers must provide a “workforce snapshot” for the period between Ocrober 1 and December 31, 2017, and between October 1 and December 31, 2018.
Employers must use the W2 Box 1 income as the compensation.
Note - Federal contractors with 1-99 employees are not required to report EEO-1 Component 2 data.
Deadline: September 30
Penalties for not filing can include a fine, imprisonment of up to five years, or both.
If your ducks aren’t in a row yet, no problem. BirdDogHR offers legal services through our partner, myHRcounsel™ (plus fully-compliant HRIS and Payroll software to help you store and easily locate the data).