Companies Do Not Support, Employees Are Divided over Making Salaries Public
3 Articles
3 Articles
The clock is ticking: the EU's wage transparency directive is about to come into effect, while three-quarters of companies (75 percent) and half of employees (51 percent) would not yet support wages being made public to everyone. However, the low acceptance is not necessarily conscious: many are unaware of the true content of the new regulation – only 10 percent of companies said they were very familiar with the directive – which can easily lead…
Reading time 6 minutesIf you talk about fair pay in Germany, you won't miss out on the pay transparency law. Since 2017, there has been an instrument to help employees discover possible pay disadvantages and better enforce claims for equal pay for equal or equivalent work. However, social pressure has become significantly more severe. The trigger is above all the EU Compensation Transparency Directive (Directive (EU) 2023/970), which must be tra…
The European Union's wage transparency directive is about to come into force, while three-quarters of companies and half of employees would not support making wages public. The main goal of the directive is to ensure that women and men receive the same pay for the same work or work of equal value, and that companies must justify any differences based on objective criteria.
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