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EU Directive Pay Transparency

ENG EU Directive Pay Transparency

Compliancy is required by 2026

Are you ready for the new EU Pay rules?

Equal Pay

<p>In May 2023, the European Commission agreed to a new directive on equal pay and pay transparency. This directive outlines measures promoting pay transparency, including providing pay details for job seekers, ensuring the right to know the pay levels for employees engaged in similar or equivalent work, and imposing gender pay gap reporting requirements on companies with over 100 employees (both public and private organizations). EU member states must incorporate this directive into their national legislation within two years.</p>

Henrieke van Bommel

Niek Klaver

Are you ready for the upcoming EU Directive Pay Transparency?

How workplace equality produces positive organizational outcomes

Success through pay equity

Unlocking organizational success through equal pay

<p>At a time of increasing demands for laws and regulations, growing social pressure, and much emphasis on employee satisfaction, gaining insight into equal pay is a must. Nevertheless, companies are sometimes reluctant to investigate if a potential pay gap exists. There are two reasons for this: (1) organizations believe there is no pay inequality in their organization, and (2) organizations seem to be afraid of the consequences if there are any differences. But, beyond social responsibility, many advantages come with transparency about pay equity.</p>

Unlocking organizational success through pay equity

A fair comparison: measuring pay equity

Measuring pay equity

<p>At first glance, measuring the gender pay gap seems straightforward – just compare the average salaries of men versus women, right? Well, not quite. The reality is far more nuanced and often up for debate. Factors like part-time work and job levels skew these averages, potentially masking underlying issues of inequality. To answer the question: are we paying our employees equally for the same work, an organization must calculate the corrected pay gap. A more comprehensive metric that factors in variables such as job level and experience to reveal the true state of pay equity within an organization. It's not just about identifying a gap but understanding why it exists and what actions can rectify it. In this article, Highberg explains their approach to calculating equal pay for equal work, shedding light on the complexities of pay disparity and paving the way for meaningful change. </p>

Inspiration Session – January 19, 2023: New Pension System – Take Action!

New Pension System – Take Action!

Three young happy colleagues coworking

<p>With the new pension legislation on the horizon, companies must make several important decisions. During our January inspiration session, consultant Miriam Morshuis outlined the key action points.</p>

Miriam Morshuis

Money 256315 1280

<p><strong>Major changes in wage transparency legislation are about to be implemented and will directly impact companies across the European Union.</strong></p>
<p>The EU Pay Transparency Directive on wage transparency is in the implementation phase and requires organizations to disclose job and salary structures, create pay gap reports, and take action to ensure fair remuneration. Since all EU member states must incorporate the directive into their national legislation by 2026, companies with more than 100 employees (both public and private organizations) will be required to report pay gap data.<br /><br />In this whitepaper, we explain the key implications of the upcoming EU Pay Transparency Directive and what it means for employers across the European Union. With mandatory reporting requirements coming into effect as early as 2027, organizations need to prepare now by reviewing their reward structures, addressing potential pay gaps, and ensuring compliance with evolving legislation.<br /></p>

<p>Download the whitepaper below.</p>

Netherlands

<title>EU Directive Pay Transparency | Highberg</title>

Organizational

EU Directive Pay Transparency

Download the EU Directive Pay Transparency whitepaper here!

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