Whether or not the U.S. Equal Employment Opportunity Commission’s (EEOC) plan to revise EEO-1 reports to also require reporting of wages and hours worked ever comes to fruition, filing accurate EEO-1 reports is important—especially for federal contractors and subcontractors.

Why is Accuracy Important?

Employers are required to certify the accuracy of their EEO-1 reports and that they have been prepared in accordance with the instructions. It is a violation of federal law to make a willfully false statement on the report, and such falsification is punishable by fine or imprisonment. Also, the Office of Federal Contract Compliance Programs (OFCCP) uses the information included in EEO-1 reports to select federal contractors and subcontractors for compliance evaluations (i.e., audits). In addition, during a compliance ev