September 27, 2023
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Category: Compliance Reporting and Recordkeeping

SEC Advisory Group Recommends Expanded Human Capital Disclosures

An advisory committee has recommended that the U.S. Securities and Exchange Commission (SEC) expand the amount of information that covered companies must publicly disclose about their human capital. The 2010 Dodd-Frank financial reform law created the committee to make nonbinding recommendations to the SEC on regulatory priorities. It suggested that the SEC require covered employers to disclose information on their...
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September 18, 2023
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Category: Compliance Reporting and Recordkeeping

EEOC Revamps EEO-1 Filing Process, Filing Season for 2022 Reports Opens on October 31

The filing season for 2022 “Component 1” EEO-1 reports will run from October 31 to December 5, 2023, the U.S. Equal Employment Opportunity Commission (EEOC) has announced. The agency also revealed that there will be significant changes to the filing process as it updates its EEO-1 website. It has revamped the Instruction Booklet and Data File Upload Specifications, with implications for employers that...
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August 28, 2023
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Category: Agency Enforcement

OMB Approves OFCCP’s Burdensome New Scheduling Letter

The White House Office of Management and Budget (OMB) has approved major changes to the Scheduling Letter used by the Office of Federal Contract Compliance Programs (OFCCP) to schedule federal contractors for routine compliance audits. The new version of the letter, which will be valid through August 31, 2026, will substantially increase a contractor’s burden of providing data to the...
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July 26, 2023
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Category: Compliance Reporting and Recordkeeping

OSHA Reinstates Obama-Era Electronic Injury and Illness Data Reporting Rule

The Occupational Safety and Health Administration (OSHA) has finalized regulations that will require covered employers to electronically submit specified workplace injury and illness data so that the agency can make it available to the public. OSHA had promulgated electronic reporting requirements during the Obama Administration, but most of them were never implemented because the Trump Administration delayed and ultimately rescinded...
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