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Providing pay clarity and visibility: Getting your stakeholders ready for greater pay transparency

October 25, 2024
Getting your stakeholders ready for greater pay transparency

Our WTW experts talk you through preparing stakeholders for the EU Pay Transparency Directive

Tamsin Sridhara and Eva Jesmiatka share their experience on what companies have been focussing on in relation to stakeholder engagement, including what has been successful in obtaining senior stakeholder buy-in and which stakeholder groups are being addressed as a priority. In addition they share insights and learnings from companies that have introduced greater pay transparency.

Organizations need to be prepared to communicate with and educate multiple stakeholders having the best information ready. We see that those who are best preparing have started educating early, with a change management plan in place.

The video will include:

  • How to prepare your stakeholders.
  • What communication looks like across different audiences
  • Why this is a large change management exercise.
  • Where technology is helpful in communicating.

This video is part of our series on “Providing Pay Clarity and Visibility” in which we take a deep dive into the EU Pay Transparency Directive; its impact on employers, employees and candidates; key preparatory activities; and enhancing education and communication on pay.

Contacts

Tamsin Sridhara, Global Pay Equity Lead

Tamsin Sridhara

Senior SME Expert, Pay Equity

Eva Jesmiatka, Global Pay Equity Lead

Eva Jesmiatka

Global Pay Equity Lead