The Equal Employment Opportunity Commission (EEOC) has been court-ordered to collect two years of data on wages and hours worked from employers with 100 or more employees. The form used to collect pay data and hours worked is called “Component 2” of the EEO-1 Report. “Component 1,” the race and gender form that has historically been required, had a deadline of May 31, 2019.
The EEOC has recently opened a web-based system for collecting the new data. The deadline for filing Component 2 reports for 2017 and for 2018 is September 30, 2019.
HR Works, Inc. can assist you with filing your Component 2 report(s), even if you did not previously file Component 1 with us.
The report will include the same employees you reported in your 2017 and 2018 Component 1 report(s), with the addition of W-2 Box 1 wage data and hours worked. Although there are some data redundancies, please be aware that preparation and validation of the data for Component 2 will require extensive effort. While Component 1 includes 180 data fields to be populated, Component 2 includes 3,360 data fields per establishment. In its regulatory documents, EEOC estimates that the average time to file an EEO-1 Report with both Components is nearly double the time to file Component 1 (8 hours v. 15.2 hours). Adding to the amount of effort required is the fact that two years of reports will need to be filed during this single reporting period.
HR Works can also handle the data extraction, with some limitations, for clients using ADP’s Workforce Now technology. Our access will enable us to report the W-2 data and some hours worked, to the extent that hours worked have been entered into ADP.
Contact us to request a quote or if you are interested in learning more about these services.