July 03, 2023
New pay transparency laws are spreading across the globe, how should you prepare?
California and New York both passed their own pay transparency laws in late 2022 – joining the US states of Maryland, Colorado, and Connecticut. But the drive towards greater pay equity isn’t just an American revolution. Similar rules have been piloted in the UK and, in April 2023, the European Union (EU) introduced a pay transparency directive designed to level out imbalances in pay.
The EU’s rules on pay transparency are significant for businesses. Any organization with more than 250 employees will have to report annually on their gender pay gap, with smaller organizations reporting every three years.
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July 03, 2023
