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.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/13783/fed-contractors-may-face-more-eeo-reporting-requirements "
- Follow all leads when investigating allegations--even if they take query in new direction
- Retaliation threat doesn't erase time limit for filing lawsuit
- Focus safety efforts on new hires; they're more injury-prone
- Act quickly to fix safety violations
- As economic route turns rough, beware these 4 RIF potholes