Trump scraps Obama-era policy requiring businesses to report pay, demographics

The Trump administration announced that it will end an Obama-era policy that would have required private employers with more than 100 employees (and government contractors with more than 50 employees) to report data on employee pay and demographics.

The policy, which was intended to go into effect next spring, would have helped the Equal Employment Opportunities Commission (EEOC) understand the racial and gender aspects of pay discrimination more effectively.

The Trump administration said that the regulations created unnecessary burdens for small businesses.

Read More at Inc.