In this episode of HR, WE Have a Problem, Teri Zipper and employment attorney Heather Bussing discuss pay equity legislation and compliance, including the upcoming EU Pay Transparency Directive and its implications for organizations globally. The discussion explores how this directive represents a shift from traditional reactive employment laws to a more proactive, data-driven approach aimed at preventing pay discrimination.
Key points covered include:
↪️ The EU Pay Transparency Directive requires companies to share pay information with candidates before interviews, establish objective criteria for pay and promotions, and conduct pay equity audits with mandatory fixes for gaps exceeding 5%.
↪️ The impact on small businesses (under 100 employees).
↪️ Organizations need to move away from ad-hoc compensation decisions and focus on developing objective, data-driven strategies for pay, which will also help with broader initiatives around skills-based hiring and career pathing.
↪️ Modern technology and data analytics tools make it easier than ever to analyze and address pay equity issues, eliminating the need for complex manual calculations.
Don’t miss this exciting thought leader conversation! Follow the hosts and companies mentioned below:
Sapient Insights Group
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Teri Zipper
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Heather Bussing
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