Proposed Rule That Will Require Federal Contractors and Subcontractors to Disclose Compensation Data in Job Postings and Prohibit Compensation History Inquiries Released
02/30/2024 by Annette Tyman, Kristie Lacopetta, Joseph Vele @ www.seyfarth.com
Seyfarth Synopsis: Twenty-four hours after the White House marked the 15th Anniversary of the Lilly Ledbetter Fair Pay Act, by announcing a set of actions designed to support equal pay principles for workers of federal contractors and agencies as set forth by Executive Orders 14035 and 14069, the Federal Acquisition Regulatory Council published a proposed rule that, if adopted, would prohibit federal contractors and subcontractors from seeking or considering compensation history and requiring them to disclose compensation and other benefits in job advertisements. The proposed rule includes a 60 day comment period that ends on April 1, 2024.