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Dorsey & Whitney – EEOC Releases Final Reporting Form for Compensation Data

The Equal Employment Opportunity Commission ("EEOC") has finalized a reporting form that requires certain employers to report summary compensation data categorized by gender, race, and ethnicity. Beginning on March 31, 2018, and going forward on an annual basis, employers who are required to file an EEO-1 (all employers with 100 employees or more and all federal contractors and first-tier subcontractors with 50 or more employees and at least $50,000 in contracts), need to report their summary pay data, based on W-2 wage information, for the previous calendar year.

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