Affirmative Action Plans

Under Executive Order 11246, Dodd Frank interprets almost all financial institutions covered by FDIC insurance as federal contractors. This means they are responsible for having an Affirmative Action Plan (AAP) if they have 50 or more employees. The plan is to cover:

  • Women
  • Minorities
  • Individuals With Disabilities
  • Protected Veterans

Young & Associates, Inc. has a unique solution in that we have these institutions perform as much of the work as they would like to fit their budgets and time. We educate and advise them on all aspects of the process so they can learn as they go. This includes advising on software so they can do the entire plan themselves.
Young & Associates, Inc.’s AAP services include:

  • Compiling the entire plan
  • Teaching clients a “do-it-yourself” approach
  • Preparing:
    • Statistical reports for an existing AAP
    • Narrative templates to complete future AAP’s
    • Compensation analyses of jobs and job groups
  • Working with Human Resource Information Systems (HRIS) to track and monitor the information needed to complete Affirmative Action Plans (AAPs)
  • Establishing tracking, monitoring, and auditing processes and procedures to track and monitor AAP information if HRIS does not exist
  • Advising on:
    • EEO-1 and AAP Job and Job Group Classifications
    • Adverse Impacts
    • Placement Goals
    • Action-Oriented Programs