The EU Pay Transparency Directive: A far-reaching instrument imposing more than just transparency
At one time largely a U.S. concern, pay equity and transparency have rapidly become globally important to all multinationals wherever headquartered. The EU Directive on pay transparency is a milestone, having been adopted with a clear objective: closing the gender pay gap and making it easier to bring equal pay claims. Although Member States have three years to implement the Directive, businesses should react proactively and take appropriate action to ensure compliance and avoid the cumbersome requirement of conducting ‘pay assessments’. By introducing powerful enforcement mechanisms to strengthen the new reporting requirements, the Directive will have a major impact on businesses. During the webinar, our employment experts on both sides of the Atlantic will place the Directive requirements in a global context, and share their knowledge and insights concerning global best practices.