CPA Practice Advisor published an article by Ellen Feeney, vice president and counsel in ADP’s Global Compliance Group,titled “5 Tips to Help Navigate Pay Equity,” which provides accounting firms with some best practices regarding equitable pay practices.
“As yet another regulatory deadline looms, you’d think companies would be making EEO-1 compliance a priority. Interestingly, that’s frequently not the case. According to ADP Research Institute® data, when it comes to awareness of the new EEOC requirements, just over half of midsized and nearly three-quarters of large companies are aware of these requirements, but only 20 percent report having a plan in place to manage them. And just about half of companies feel extremely or very confident they will be able to comply with the law by 2018.”
Read the entire article at CPA Practice Advisor.