Pay Equity and Transparency reporting is becoming increasingly prevalent, and complex. New countries, including all 27 EU member states, are introducing reporting requirements. Navigate the complex landscape with PayGap, that helps you generate the statutory reports in line with local requirements.
PayGap is your go-to reporting tool when it comes to compliance reporting for pay transparency and pay equity. Our reporting module will help you generate statutory reports by the click of a button. The reports are adapted to local legislation, helping you report on exactly what is required.
Employee reporting is one of the biggest components of the new pay transparency legislation. For many employers, it is the first time they will need to be more transparent on talking salary. It is a sensitive topic. Therefore, PayGap has been designed to make sure the employees likely to have the most questions, can be flagged for review prior to receiving the report. This enables the project team, HRBP or manager to answer potential questions proactively.
As employees will start seeing their own salary, relative to their colleagues - it is inevitable that they will compare themselves. Unfortunately, more than half of the employees will be below the average, and will want to understand why that is the case. For employees asking for information on this, PayGap can provide escalation reports, which helps show them how they are paid relative to the company's pay philisophy. This helps visualizing to the employee, why they are paid the way they are.
The Pay Transparency Directive is comprehensive and includes many complex elements. For organizations subject to this legislation, a systematic approach is essential to ensure compliance and maintain it over time.
The EU directive varies across countries. We continuously monitor these differences and integrate them into the platform to ensure compliance.
PayGap continuously monitors changes in your salary structure and employee base, notifying you of new outliers that require action.
