Closing the Gap: The EU Pay Transparency Directive
By MICHAEL BREWER, MICHAEL MICHALANDOS, BERNHARD TRAPPEHL, TATIANA GARCES, SUSAN EANDI and GEORGE AVRAAM March 30, 2021
As more companies embrace inclusion and diversity as a board level priority and take progressive steps to build a more inclusive workforce we are seeing an evolution in equal pay laws across the globe as lawmakers respond to the need to close the diversity gap.
Most recently, the European Commission has proposed a directive aimed at requiring pay transparency, which, if passed, would affect each of its 27 member states. We outline the key proposals and their impact on European employers below and highlight additional recent global developments in equal pay.
