This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Pay Transparency and Equal Pay: European landscape

Lack of pay transparency has been identified as a major hurdle in closing the EU’s gender pay gap. With women reported to earn on average 13% less than men in 2020, the EU took a bold step forward by introducing the EU Pay Transparency Directive. In an effort to tackle pay discrimination and increase pay transparency, the Directive creates new and far-reaching information and reporting obligations for employers. The Directive came into force in June 2023 and Member States will have three years to transpose it into national law.

Explore our cross-border guide analysing the degree of change that will be required to comply with the Directive’s obligations across the key European jurisdictions.

Sign up for real-time updates on the latest ESG developments, delivered straight to your inbox - subscribe now!

Tags

asset managers & funds, banks & insurers, business & human rights, corporates, disclosure & reporting, eu-wide, blog posts, dei and employment