The European Union (EU) Pay Transparency Directive will have a lasting impact on pay equity and transparency in Europe. We have arrived at the point where individual Member States need to transpose the EU Pay Transparency Directive into national law.
There is therefore a unique window of opportunity to align national-level regulations with the goal of maximizing the impact of the Directive on fair pay, to enable comparison across Member States and to root requirements in practical realities to minimize the regulatory burden.
About our pay transparency whitepaper
In this whitepaper, WTW and our co-authors from PayAnalytics and A&O Shearman, point out numerous considerations that any national regulation should address and provide recommendations rooted in both fairness and practicality.
Our recommendations include commentary across the following:
- Definition of an employer
- Workers in scope: definition of employees and employment relationships
- Definition of categories of workers
- Definition of pay, pay elements considered and the basis of valuation
- What is meant by pay period for gross annual pay and for average pay levels
- How hourly pay is calculated
- The minimum sample size for categories of workers
- What is classified as objective gender-neutral criteria
How do organizations benefit?
Organizations will benefit from this whitepaper as they can see how the interpretation of the EU Pay Transparency Directive and its subsequent application in national law may impact future reporting requirements and remediation of pay gaps.
Download this whitepaper to find out our specific guidance and expert recommendations for transposing this important directive into national law.
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