Companies with more than 100 employees will have to report to the U.S. government data about how much workers are paid—broken down by sex, race, and ethnicity—possibly as soon as this spring, according to a new court ruling.

The pay disclosures were finalized by the Equal Employment Opportunity Commission (EEOC) in the summer of 2016, but the Office of Management and Budget (OMB) froze the expanded requirements after President Trump took office.

The National Women's Law Center and other groups sued, and on March 4, Judge Tanya Chutkan ruled in their favor, saying that the government didn't properly justify its decision. The OMB could appeal, and it's not clear whether companies will have to comply by the original deadline of May 31.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.