The EU Pay Transparency Directive introduces new requirements for pay reporting and disclosure. With our free checklist, you’ll get clear, practical steps to plan ahead and ensure compliance on time.
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Although many countries have equal pay legislation, the gender pay gap – the percentage difference between the average hourly earnings for men and women – persists.
Pay discrimination based on gender has been banned in the EU since 1957. Nevertheless, the pay gap between men and women in the EU is still at 13%. To solve this issue, the EU Commission submitted a proposal for pay transparency – aimed to close the gender pay gap.
Under the Equality Act 2010 (Gender Pay Gap Information) regulations 2017 (SI 2017/172) in force from 6 April 2017 employers in the UK with more than 250 employees from the private and voluntary sector must publish gender pay gap information.
The Swedish SaaS company Pihr, whose purpose is to help close the global gender pay gap through technology, can today announce that Johannes Lien is making an investment in the company, through Cretum AB and taking a seat on the board.