The Board of Governors of the Federal Reserve System is asking for public comments on their proposal to extend and revise the New Hire Information Collection for another three years. This proposal includes switching the collection platform to Workday Onboarding and updating several information categories and data fields. Comments must be submitted by May 12, 2025. During the review period, the Board will consider public feedback to determine whether any changes should be made to the proposal.
Simple Explanation
The Federal Reserve wants to hear what people think about changing how they collect information from new employees, by using a new computer system called Workday Onboarding for the next three years. People can share their thoughts until May 12, 2025.