In the past, employers have filed the EEO-1 report between July 1 and September 30. Beginning in 2017, new regulations reformat the EEO-1 report and require the inclusion of W-2 pay data. As a result, the reporting period for the 2017 EEO-1 report has been moved to the period of January 1 to March 31.
The new EEO-1 report could be subject to repeal under the presidential order to streamline regulations, but would require the approval of a majority of the five-member Equal Employment Opportunity Commission board. At this point it is unlikely that a majority of the commissioners would agree to repeal the new EEO-1 report. Businesses that are required to file the EEO-1 report should be prepared to file in the first quarter of 2018. Additional information on the report can be found here.
Companies must file the EEO-1 report if they have 100 or more employees or if they have 50 or more employees and $50,000 in federal government contracts.
The VETS-4212 is completed by companies with a federal contract of $150,000 or more. There is not an employee threshold to be met in order to file the VETS-4212. The filing period for the VETS-4212 has not been changed to reflect the new EEO-1 reporting cycle and is still from August 1 to September 30.
If you haven’t started preparing for filing these reports, it is time to get them on your to-do list.
MSEC recommends filing as soon as possible. Previous experience has shown that the closer you get to the report due date, the slower the response from the Joint Reporting Committee or the Veterans’ Employment and Training Service. They tend to get overwhelmed by help desk calls and emails. Keep an eye on the VETS-4212 and EEO-1 websites and have your data ready to go.
You can find additional information and file your EEO-1 report here.
You can find additional information and file your VETS-4212 reports here.