At Someone Savvy, we're all about transparency, equality, and making the workplace a fair playground for everyone. So, let’s talk about the exciting new EU Directive on Pay Transparency - 2023/970 that’s here to shake things up!

On May 17th, 2023, the European Union rolled out this directive to smash the glass ceiling and champion gender equality in the workplace. Here's the scoop on what’s changing:

Salary Transparency

Big news for big companies! If you’ve got 250 or more employees, you’ll now need to spill the beans on salary info, including the gender pay gap for similar roles. This shining light on pay discrepancies is a big step toward fixing them.

Job Postings

No more vague job ads! Employers must now include clear salary brackets in job postings. This means candidates can come in with eyes wide open, knowing what to expect and ready to negotiate fairly.

Equal Pay Audits

For the big players (250+ employees), regular pay audits are now a must. These audits help spot and fix any gender-based pay differences. It’s like a health check-up but for your payroll.

Protection for Employees

Got questions about your pay? Feel free to ask! This directive protects employees who discuss their salaries or inquire about pay gaps. No more fearing retaliation or discrimination.

Training and Awareness

Companies need to get everyone on the same page. That means promoting awareness and providing training on pay transparency and equality. Let’s build a culture where fairness thrives!

What Happens If You Don’t Comply?

Ignoring the directive isn’t an option unless you're okay with:

• Financial Penalties: Ouch! Non-compliance could hit your wallet hard with hefty fines.

• Reputational Damage: Trust us, you don’t want a bad rep. Non-compliance can erode trust among employees, customers, and partners.

• Legal Consequences: Persistent failure to address gender pay disparities could land you in legal hot water.

Time to Get Compliant!

The EU Directive on Pay Transparency is a game-changer for gender pay equality. By pushing for salary transparency, regular audits, and more, it’s breaking down the barriers to fair pay.

At Someone Savvy, we’re all in on supporting this directive and guiding businesses through these changes. Embracing these new rules means creating a brighter, fairer future for everyone. So, let’s join forces and champion a workplace where transparency and fairness reign supreme!

Ready to dive into this new era of pay transparency? We’re here to help you navigate every step of the way. Together, we can build a workplace where everyone gets a fair shot.