OFCCP Proposes Rule to Collect Summary Compensation Data From Federal Contractors

Today the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) issued a Notice of Proposed Rulemaking which would require covered federal contractors and subcontractors with more than 100 employees and contracts, subcontracts, or purchase orders amounting to $50,000 or more, to submit to OFCCP summary data on the compensation paid to their employees. The proposed rule, which will be published in the Federal Register on August 8, 2014, implements a directive of a presidential memorandum issued four months ago. The deadline for submitting comments on the proposed rule will be 90 days from the date of its publication in the Federal Register. Look to Ogletree Deakins in the coming days for further analysis and recommendations regarding the rule.

Written by:

Published In:

DOL

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ogletree, Deakins, Nash, Smoak & Stewart, P.C. | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×