Posts Tagged ‘pay transparency law’
Pay Equity is the Key to Achieving the “S” in ESG
Corporate Social Responsibility (CSR) and Environmental, Social and Governance (ESG) reporting have become vital considerations for employers. But rather than seeing the requirements as an additional reporting burden or a distraction, a focus on the “S” in ESG can have a positive impact on financial performance and brand reputation. S in ESG relates to the…
Read MoreIs the EU Pay Transparency Directive the Future for US Pay Equity?
On April 24th, 2023, the Council of the European Union formally adopted the EU Pay Transparency and Pay Reporting Directive, following its approval by the European Parliament on March 30th. Its key aim is to close the gender pay gap by introducing some of the most stringent and comprehensive pay transparency laws to date. The…
Read MoreThe EU Pay Transparency and Pay Data Reporting Directive and What You Need to Know
The United States isn’t the only country where gender pay practices have long come under fire for being unfair—with women historically demonstrated as the loser in equal pay battles. The European Union (EU) has grappled with its own inequities. As in the US, while laws related to equal pay have been in place for decades—in…
Read MoreIllinois Moves Rapidly Towards Pay Transparency In Job Postings
Illinois Moves Rapidly Towards Pay Transparency In Job Postings Illinois is increasingly expected to be the next state to require the disclosure of pay scales in job postings in a further step towards reinforcing its pay transparency laws. Pay equity laws in the state are already among the most stringent in the U.S. Private employers…
Read MoreBritish Columbia Poised for Pay Transparency Legislation
British Columbia Poised for Pay Transparency Legislation On March 7, 2023, British Columbia (B.C.) introduced new pay transparency legislation designed to help close the gender pay gap in the Canadian province. When passed, the new legislation, Bill 13, The Pay Transparency Act, supplements the current complaints-based system with proactive reporting and pay transparency requirements. But…
Read MoreNavigating EU CSRD and Pay Equality
EU Corporate Sustainability Reporting Directive: What It Means for Pay Equity The European Union (EU) Corporate Sustainability Reporting Directive (“CSRD”) was published on December 16, 2022 by the EU Commission. On January 5, 2023, the Corporate Sustainability Reporting Directive (CSRD) came into force, driving pay equity forward in the European Union. Rules relating to this…
Read MoreThe Latest in Pay Transparency and Equal Pay Regulations
The Latest Developments in Pay Equity and Pay Transparency The history of regulations related to pay equity is nothing new. Equal pay regulations can be traced back to 1938, when the Fair Labor Standards Act (FLSA) was enacted. In 1945 Congress introduced the Women’s Equal Pay Act and, in 1963, the Equal Pay Act. There…
Read MoreCalifornia’s New SB 1162 Promotes Total Pay Transparency
California is again at the forefront of national efforts to close the wage gap with the introduction of SB 1162. First introduced by California Senator Monique Limón in February 2022, the bill would become one of the most aggressive pay equity laws in the nation if passed. “Pay transparency is key to achieving pay equity,”…
Read MoreNew York City’s Pay Transparency Law Requires Employers to Provide Salary Range Disclosures
The New York City Council closed out 2021 with a step to bolster pay equity, approving a bill that would require employers to post salary ranges in job listings. Earlier this month the was bill was effectively signed into law when New York City Mayor, Eric Adams neither signed nor vetoed the bill. The passage…
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