Pay transparency is set to take effect in the EU. Here’s what HR should know.
Starting June 7, EU employers will have to share salary ranges and field queries from workers about their pay, with first reports due next year.
From trends to best practices, get the full scoop on pay transparency laws for HR professionals.
Starting June 7, EU employers will have to share salary ranges and field queries from workers about their pay, with first reports due next year.
The requirement applies to businesses with 25 or more employees whose primary work location is in Massachusetts.
Advocates agree the disparity between what men and women earn won’t be fixed by pay transparency alone.
More than a dozen US states require employers to share salary ranges, but these efforts haven’t yet closed the gender pay gap.
The law, effective June 1, requires employers to include information about both compensation and benefits when they publish open jobs or transfer opportunities.
Laws requiring businesses to share information about how they pay workers were a big area of focus at WorldatWork’s Total Rewards conference in Orlando.
Legislation and employee demand are pushing companies to release more information on pay.
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