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Preparing your organisation for the new era of pay transparency
The EU Pay Transparency Directive introduces new requirements for companies regarding their remuneration systems, HR processes and communication practices. Compliance is not merely a legal issue: it also affects data analysis, compensation structures, recruitment and leadership practices.
Grant Thornton’s Human Capital team provides comprehensive support throughout the entire preparation process – from assessing the current situation through data-driven analysis to practical implementation.
How we support your preparation
1. Situation assessment and identification of compliance risks
The first step is reviewing the current operating model and identifying potential risks.
Pay transparency readiness assessment
We provide a comprehensive overview of how prepared the organisation is for the new regulatory requirements.
- review of HR and compensation practices
- identification of regulatory risks
- development of a practical improvement roadmap
Pay diagnostics and pay gap analysis
We provide a fast and transparent overview of the company’s current pay structure.
- identification of compensation patterns
- identification of risk areas
- preliminary assessment of compliance risks
2. Data-driven pay analysis and structure development
Pay transparency must be built on a structured, objective and data-based remuneration system.
Data-driven pay analysis
We analyse compensation data using statistical models and data visualisations.
- identification of pay gaps
- identification of objectively unjustified differences
- prioritisation of intervention areas
Job evaluation and pay band development
We support the development of a consistent and gender-neutral job structure.
- structured evaluation of job roles
- creation of a comparable job framework
- definition of transparent pay bands
3. Development of HR processes and organisational practices
The successful implementation of pay transparency also requires organisational and communication changes.
Recruitment processes and job advertisement practices
We support the update of recruitment and selection processes.
- publication of pay information in job advertisements
- bias-free recruitment processes
- update of HR policies and procedures
Leadership preparation
We support leaders in managing pay transparency in practice.
- leadership communication
- handling employee questions
- building transparent leadership practices
Internal and external communication support
We develop the communication framework related to pay transparency.
- employee communication
- leadership communication
- regulatory and authority communication
Why Grant Thornton?
- integrated HR, tax and legal perspective
- data-driven pay analysis
- international best practice and local regulatory expertise
- practical support throughout the implementation process
If you would like to assess your organisation’s readiness for the new pay transparency requirements, our experts are ready to support you.
