Employers Must Document Equal Pay Soon

President Obama will require companies to report to the federal government what they pay employees by race, gender and ethnicity, part of his push to crack down on firms that pay women less for doing the same work as men.

“Women are not getting the fair shot that we believe every single American deserves,” Mr. Obama said in announcing the proposal, timed to coincide with the seventh anniversary of his signing of the Lilly Ledbetter Fair Pay Act, which makes it easier for people to challenge discriminatory pay. “What kind of example does paying women less set for our sons and daughters?”

The new rules would mandate that companies with 100 employees or more include salary information on a form they already submit annually that reports employees’ sex, age and job groups (EEO-1 Reports).

Stay tuned for updates on this topic,

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