- July 10, 2021
- Posted by: Stratford Team
- Category: Business
Certain corporations doing business in Illinois will be required to report demographic data on their annual reports filed after January 1, 2023, including gender, race and ethnicity information of the corporation’s employees, broken down by job category. This demographic data will be made publicly available by the state of Illinois on the internet.
Under a recently approved amendment to the Illinois Business Corporations Act, the annual report for an Illinois corporation or a corporation doing business in Illinois that is also required to file EEO-1 information reports with the U.S. Equal Employment Opportunity Commission (EEOC) will need to include, in that Illinois annual report, information contained in part D of the EEO-1 filing that the company files with the EEOC.
Currently, the following corporations are required to file EEO-1 reports with the EEOC:
- generally, any employer with 100 or more employees,
- certain companies with at least 15…