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Pay Transparency

   

Definition: Pay Transparency is the increasing pressure and legal requirement to disclose pay scales in job openings for all positions, internal and external, in person and remote, with "pay scale" defined as the salary or hourly wage that the employer reasonably expects to pay for a position.
On 30 March 2023, the European Parliament adopted the legislative proposal of the European Commission to strengthen the application of the principle of equal pay for equal work or work of equal value between men and women through pay transparency and enforcement mechanisms (the Pay Transparency Directive).


   
   
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Learn more about Pay Transparency.



More on compensation and benefits: Broadbanding, Competency-based Pay, Efficiency Wage, Employee Benefits, Equity-based Compensation, more on compensation and benefits...


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