Aon report: Countdown to implementation: Five key actions for EU Pay Transparency Directive readiness

The National Minimum Wage has risen significantly in the past five years so what has the impact been on reward strategies?

Being proactive when it comes to pay transparency and related legislation changes builds trust and shows that organisations are living up to their commitments on fairness and equity.

As pay constraints continue to dictate the employment landscape, budgets are feeling the squeeze as increasingly expensive benefits are stretched to fill the gap.

Pay transparency won’t be undermined by bad data. It will be derailed by unprepared managers.

Taking steps now to set up gender pay gap actions plans will ensure employees are supported at an earlier stage and help avoid any compliance headaches down the line.

As the EU Pay Transparency Directive deadline looms, employers have time to take one last look at whether their pay decisions are objective, consistent and gender-neutral.