COLUMBIA, MD—February 29, 2012, Office of Federal Contracts and Compliance Programs’ (OFCCP) Notice of Proposed Rule Making (NPRM) on a Compensation Data Collection Tool is expected to have a substantial impact on the compliance efforts of federal contractors. In Berkshire Associates’ latest white paper, `Compensation Data Collection Tool Update,’ examines the potential changes and consequences of this new rule.
“According to Department of Labor’s (DOL) spring 2011 agenda, the NPRM is scheduled in June 2012,” says one of the authors, Suzanne Keys, SPHR. “With this in mind, now is the time contractors should begin thinking about how changes could affect their procedures and policies in order to prepare for a new data collection tool. Making sure compensation policies, procedures, and decisions are documented and easily accessible could be helpful regardless of what tool is adopted in the future.”
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About Berkshire Associates:
Berkshire Associates is a human resource consulting and technology firm, specializing in helping companies build the ideal, balanced workforce. As an industry leader, Berkshire provides the latest tools and services for affirmative action, applicant management, compensation management, workforce planning, diversity, and professional training. For over 25 years, Berkshire has serviced the nation’s most recognizable companies; and as a result has mastered providing clients with cost-effective solutions to everyday human resource challenges.