On Tuesday, Jan. 31, the Equal Employment Opportunity Commission (EEOC) announced that it would be increasing the penalty for notice posting violations from $525 to $534. This penalty will be effective for violations occurring after March 2, 2017.
>This penalty increase of about one percent due to inflation is a great selling point for our SS1s and subscriptions. The last EEOC penalty increase was effective July 5, 2016.
It is more important than ever that employers stay in compliance with notice posting requirements now that the EEOC and Department of Labor (DOL) have increased their penalties for notice posting and other violations.
The increase is similar to the DOL’s recent penalty increases through the Inflation Adjustment Act of 2016.