Employers May Pay for Pay Inequality: The New EEOC Pay Data Rule

in Business, Employment, News

On January 29, 2016, the U.S. Equal Employment Opportunity Commission (EEOC) and the Obama Administration unveiled a new proposed rule that would require employers with a 100 or more employees to disclose hours worked and compensation for employees by gender, race and ethnicity.  Employers would be required to report this information on revised employer information reports, also known as EEO-1 reports.  This rule would cover more than 60 million employees.