Our research shows that formal pay equity processes drive gender diversity. Far too few organizations across the world have such processes – making this the greatest area of opportunity to enhance workplace equality.
On 21 December 2022 European Union Ambassadors endorsed the EU Directive on Equal Pay and Pay Transparency. Certain employers in the European Union (EU) will have to report annually on their gender pay gap, and all employers will be prohibited from asking job applicants for their salary history under measures included in an EU directive aimed at strengthening the principle of equal pay for equal work through pay transparency and enforcement mechanisms.
What does this directive mean for EU employers and their workers? How will the directive expand the footprint of pay equity disclosures and ensure a more consistent approach within countries that already mandate them? What are the benefits – and challenges – employers will face?
If you would like to get more information please visit our website.
Learn more about the EU proposal and Mercer’s approach to pay equity
Africa
