Required reporting under the EU Pay Transparency Directive is imminent. A key provision of the law is that, if pay reporting reveals a gender pay gap of at least 5% for any category of worker and “the employer cannot justify the gap on basis of objective gender-neutral factors, employers will have to carry out a pay assessment, in cooperation with workers' representatives.”
A properly leveraged and synchronized pay equity analysis will enable calculation of all the required statistics for reporting and enable employers to calibrate pay adjustments to ensure that “all-else-equal” gaps are less than 5%.
In this session, Dr. Brian Levine and Anna Marley, Partners at Merit Analytics Group, will discuss how to align regular pay equity analysis and EU requirements. Emphasis will be on addressing gaps through actions before finalizing and submitting reports. Merit’s proprietary software, MeritPay, will be used to facilitate discussion about the links between these efforts.
Key Takeaways:
- Understand the key reporting requirements of the EU Pay Transparency Directive.
- Recognize the benefit of identifying and addressing pay inequities before submitting mandatory EU reports.
- Enhance process efficiency by integrating pay equity and EU reporting efforts.
Sponsored by: Merit Analytics Group