REMINDER!Mastering The Maze – 401(k) Fees & Investments Seminar” will be held in Raleigh, North Carolina, on April 18, 2007.  This program will provide plan sponsors and fiduciaries with investment best practices and information on recent law changes that impact retirement plan investment policies and practices.  For more information please visit www.poynerspruill.com.

 

 

Heads Up For Clients Required To Report To OFCCP

(April 9, 2007)

The Office of Federal Contract Compliance Programs (OFCCP) requires certain employers to submit EEO-1 reports to their office on an annual basis.  Any private employer who has federal contracts of greater than $50,000 and more than 50 employees and any private employer, without federal contracts, but with more than 100 employees is required to submit an EEO-1 report.  The EEO-1 report is used to track demographic composition of workplaces.

Starting this fall, employers will notice some changes on the EEO-1 reports.  Certain ethnic and racial categories have been renamed or subdivided.  Furthermore, the EEOC is now encouraging employers to have employees identify themselves as belonging to a particular racial or ethnic group for purposes of completing the EEO-1 report.  Previously, the employer was asked to complete the information based on the employer’s observations alone.  Such self-reporting on the part of employees is entirely voluntary.  In addition, the “Officer and Manager” job category has been subdivided, to enable better distinctions to be made between different levels of management.  Finally, business and financial jobs are now categorized as “Professional,” instead of “Officials and Managers.”   

The deadline for filing the new EEO-1 report is September 30, 2007.  However, the EEOC has stated in the Federal Register that employers are not mandated to “resurvey their entire workforce before submitting the first EEO-1 form in the new format.”  

Also, for those employers with non-construction federal contracts, be aware that the OFCCP has recently announced that it will be scheduling more compliance evaluations for 2007.  Any affected employer should be receiving notice that they will be evaluated, and a scheduling letter for the actual evaluation would come at a later date.   

If you have any questions about your obligations to the OFCCP, the new EEO-1 report, an upcoming OFCCP audit or any other employment-law related questions, please contact Bryn Wilson at bwilson@poyners.com or Susie Gibbons at sgibbons@poyners.com 

 

 

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