Víðir Ragnarsson - Head of Consulting at PayAnalytics

PayAnalytics will be at the WorldatWork Total Rewards conference in Cincinnati, May 20-22, 2024. Our co-founder Margrét Bjarnadóttir will be giving two talks, one on how to effectively close a pay gap and one on how to comply with the EU Pay Transparency Directive.

In 2023, Illinois passed new pay transparency legislation that, starting in January of 2025, will require employers to post a pay scale and benefits in all job listings.

As a critical social issue, pay equity falls under the “S” in corporate social responsibility (CSR) and environmental, social and governance (ESG). So how can you best address pay equity in CSR/ESG reports and other external communications? This two-part blog talks about some best practices and provides plenty of examples.

While there is no comprehensive federal pay transparency law in the United States, pay transparency laws at the state and city level are becoming increasingly prevalent. These regulations require employers to be more transparent with salary ranges and benefits, and they aim to help promote fairness and equity in the workplace.