Thursday, January 31, 2008

OFCCP 2007 Financial Remedies Posted

By Chris Lindholm, Director, Biddle Consulting Group

OFCCP has posted their 2007 revenue figures. Here is the headline:

"OFCCP Once Again Produces Record Financial Remedies for a Record Number of American Workers in FY 07"

With numbers exceeding $50 million in consecutive years, the Federal contracting world should be on notice that OFCCP has discovered a bonanza of low hanging fruit with the contractors they are auditing. As consultants, Biddle Consulting Group is very familiar with OFCCP desk audits and we can tell the public with absolute certainty that the most significant findings for OFCCP are in recordkeeping. Contractors around the country continue to struggle when it comes to managing data associated with the hiring process. Applicant Tracking Systems (ATS) are making an impact but far too few organizations have good protocols in place for tracking applicants from initial interest to hire.

Additionally, OFCCP is continuing their quest to find systemic discrimination in pay within the contractors they are auditing and while recordkeeping may be the biggest payoff for OFCCP right now, interest in pay equity has not waned.

To see the OFCCP announcement click on the link below.

http://www.dol.gov/esa/ofccp/enforc07.pdf

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