On Friday, President Obama marked the 7th anniversary of the Lilly Ledbetter Fair Pay Act by announcing new measures to promote gender pay equity.
Under the proposed new rules, companies with 100 or more employees would be required to include pay data on their EEO-1 reports. These already mandatory reports currently include information on employee gender, race, and roles. In a press release, the EEOC reported that the changes would better enable the agency to “assess complaints of discrimination, focus agency investigations, and identify existing pay disparities that may warrant further examination.”
Details on enforcement or penalties were not provided. Under the Administrative Procedure Act, the EEOC will accept written comments on the law from the public until April 1, 2016. A hearing regarding the rule changes will also be scheduled at a later date.
Andy Przystanski is Content Marketing Manager at Namely, the all-in-one HR, payroll, and benefits platform built for today's employees. Connect with Andy and the Namely team on Twitter, Facebook, and LinkedIn.
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