NEW EEOC Rule Puts Wage Data at Risk

For Immediate Release

Washington, DC – The ERISA Industry Committee (ERIC) submitted comments to the U.S. Equal Employment Opportunity Commission (EEOC) on proposed revisions to the EEO-1 Report. The revisions seek to collect information on the total hours worked and W-2 compensation of employees within specific pay groups.

ERIC, the only national association advocating exclusively for the employee benefit interests of the nation’s largest employers, and its members fully support equal pay for equal work and efforts to ensure that employees are treated fairly. However, ERIC does not believe that the data gathered from the proposed revisions will further the EEOC’s goal of ensuring that there is no pay discrimination. Requiring employers to provide W-2 taxable income information –including many forms of income not connected to an employee’s job –based on an artificial time period spanning multiple years, the EEOC will make misleading and inaccurate conclusions.

“The EEOC’s proposal threatens the confidentiality of employers’ sensitive wage data and does nothing to identify the existence of pay discrimination or organizations in possible violation,” said Will Hansen, Senior Vice President, ERIC. “It also places an undue administrative burden on employers, who would have to spend time and money compiling information that they currently do not maintain.”

You can read ERIC’s full comments to the EEOC here.

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All media inquiries to The ERISA Industry Committee should be directed to media@eric.org.

About The ERISA Industry Committee
ERIC is a national advocacy organization that exclusively represents large employers that provide health, retirement, paid leave, and other benefits to their nationwide workforces. With member companies that are leaders in every sector of the economy, ERIC advocates on the federal, state, and local levels for policies that promote flexibility and uniformity in the administration of their employee benefit plans.