While the first deadline for reporting is set for 2027, the report noted that employers’ last chance to make pay adjustments will be in 2025, as the first report will be based on payroll data for 2026.
These concerns come as the report also found that only 12% of employers are “fully prepared” for the upcoming directive.
Another 61% feel somewhat prepared, while 26% said they are “not at all prepared” for it.
“The EU Pay Transparency Directive is the most significant piece of pay equity legislation anywhere in the world in the last 50 years,” said Christine Hendrickson, VP of Strategic Initiatives at Syndio, in a statement.
“But I fear there are too many leaders, including some U.S.-based employers with a footprint in the EU, who have not yet digested what a massive change management exercise this will be.”
Source: mpamag.com