A U.S. Department of Labor (DOL) proposal would dramatically increase the amount of affirmative action and equal employment opportunity information federal contractors must provide to the DOL’s Office of Federal Contract Compliance Programs (OFCCP).
Compliance won’t come cheap. The OFCCP estimates it will take most contractors 103 hours to compile the necessary records—at an average operational and maintenance cost of $135,272.
Contractors with fewer than 50 employees will be exempted from the filing requirement.
The DOL is seeking public comment on the proposal until July 11. You can weigh in by commenting via the government’s eRulemaking portal at www.regulations.gov.