There's a new Notice of Proposed Rulemaking issued by the Office of Federal Contract Compliance Programs that federal contractors might want to keep an eye on.
If approved as it now stands, the rule "requiring covered federal contractors and subcontractors with more than 100 employees to submit an annual Equal Pay Report on employee compensation," as the OFCCP describes it, could unfairly burden many federal contractors.
That's the gist of an analysis of the rule by the Society for Human Resource Management. SHRM's Allen Smith took a look at the proposal, which is designed to identify certain types of gaps in the compensation paid to employees by federal contractors and help narrow those discrepancies.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
