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Question: We just had an examination, and were told that we have to have an affirmative action policy because we sell U.S. Bonds and because we now have 60 employees. Can you give me any information on this?

Answer: There are two factors that initiate the need for an Affirmative Action Policy. One is that you are a government contractor (you sell U.S. Savings Bonds) and the other is that you have over 50 employees.

In order to write your affirmative action policy, our personnel expert advisor says you'll find everything you need in a legal library in "Revised Order 4-Executive Order 11246." Any legal library will have it.

Revised Order 4 will even tell you what supporting data you need. An affirmative action plan for an institution your size will probably run 25 to 30 pages.

You are correct, by the way-even if you are a government contractor (you sell savings bonds), you do not need the affirmative action policy until you pass 50 employees in number. Then, says our expert, you better have one, or you're going to be in hot water!

One last word of advice-back up everything you put into the plan. Use letters, notices, ads, etc.-but document everything.

Copyright © 1993 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 3, No. 11, 4/93

First published on 04/01/1993

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