The requirement for organizations to report on the gender pay gap has grown substantially. We anticipate this this trend will continue to grow. Each country has different requirements for disclosure, audit or self-analysis.
The European Union recently announced new legislation (March 2021), which aims to provide a legal framework for identifying hidden or nonintentional pay inequalities, and workers would have the right to access information about how their average pay compares to what their colleagues are paid for doing the same or equal work.
In order to comply, you need to first have clarity on your country (or state, city) specific requirements. Mercer’s Law & Policy (L&P) Group is a team of lawyers, actuaries and technical experts who analyze global legislative, regulatory, judicial and government relations issues. Click here to see the most recent monthly Global Legislative Update and to sign up for monthly emails.
Please see the links below specifically for L&P's coverage of some recent legislative and regulatory developments related to gender and equal pay.
RECENT COMPLIANCE UPDATES
Germany: Bill addresses women’s underrepresentation on boards (4 May 2021)
Japan: Listed companies face more ESG, diversity disclosures (15 April 2021)
Norway requires pay equity, equality reporting (11 Feb 2020)
Colorado’s new pay equity law takes effect in 2021 (6 June 2019)
Switzerland issues gender pay audit criteria (6 Sep 2019)
US: Illinois amends equal pay act to prohibit salary history inquiries (7 Aug 2019)
US: New Jersey to ban salary history inquiries (2 Aug 2019)
US: Alabama enacts equal pay law (1 Aug 2019)
US: New York expands equal pay laws, bans salary history (17 Jul 2019)
UK launches gender equality roadmap (11 Jul 2019)
France clarifies sanctions for violating pay equity law (29 May 2019)
US: Washington State Enacts Salary History Ban (24 May 2019)
Canada: Quebec’s Pay Equity Changes Take Effect (23 May 2019)
Switzerland Advances Measures to Reduce Gender Pay Gap (22 May 2019)
US: Maine Employers Can’t Ask Job Seekers About Salary History (1 May 2019)
US: Cincinnati adopts salary history ban (8 Apr 2019)
French decree details gender pay methodology (8 Feb 2019)
MERCER CAN HELP WITH YOUR COMPLIANCE & REPORTING REQUIREMENTS
Mercer works with companies across the world to:
- Clarify country-specific disclosure requirements and support required audit processes.
- Run calculations for local reporting and develop templates for repeatable use.
- Help prepare internal and external communications, putting the metrics into context and helping stakeholders and employees understand the story behind the figures.
Download Mercer’s brochure to learn more about Mercer’s comprehensive offerings and get in touch with your local country contact.