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OFCCP Gets Serious about Pay
The Office of Federal Contract Compliance gets serious about pay differences amounting to $2,000 or 2% differences between women and men, minorities and whites; the agency also increases the number of audits, and turns up the heat on contractors by expanding their reach. The heat was high already with auditors doubling, but now the heat is turned up and much of it has to do with money and politics. In June 2011, Astra Zeneca entered into a consent decree with the federal government for $250,000 for compensation practices regarding 124 female pharmaceutical sales specialists. This is an important signal that more is coming. The agency is reviewing pay differences, proposing new regulations with regard to Veterans and Disabled individuals, reviewing outreach efforts for these groups, and arriving on site more often. It's time to not only get serious about plan documents, but also compensation practices ahead of an audit.
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