Even though you’re not a public company, the Equal Employment Opportunity Commission (EEOC) has proposed a rule requiring companies with 100 or more employees to report on their compensation to all employees — management and rank-and-file. The proposal is poised to take effect on September 30, 2017 (the same date that such employees already file their Employer Information Return (EEO-1) about sex, race, and ethnicity with the EEOC). It would make employers categorize their employees into 12 categories. Find more information here. Could this proposal be expanded to smaller businesses?
Barbara Weltman
Big Ideas for Small Business, Inc.
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