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What are the new compensation self-evaluation guidelines?

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What are the new compensation self-evaluation guidelines?

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In conjunction with the Standards, OFCCP has also published a set of general, voluntary guidelines that contractors can use to evaluate their compensation practices. Pursuant to OFCCP regulations (41 CFR 60-2.17(b)(3)), covered contractors must evaluate their compensation system(s) to determine whether there are disparities based on gender, race or ethnicity. The Voluntary Guidelines for Self-Evaluation of Compensation Practices for Compliance with the Nondiscrimination Requirements of Executive Order 11246 with Respect to Systemic Discrimination (71 FR 35114, June 16, 2006)(the “Voluntary Guidelines”) are intended to provide suggested techniques for complying with this compensation self-evaluation requirement, although the Voluntary Guidelines remain voluntary.View The Voluntary Guidelines online. OFCCP has provided an incentive for contractors to adopt the general methods outlined in the Voluntary Guidelines. Specifically, if a contractor, in good faith, reasonably implements the gen

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