Salary Transparency Directive: 7 June Ends and One in Four SMEs Is Not Ready

Autónomos y Emprendedores

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Wage transparency is about to become one of the main labour obligations for Spanish SMEs. The European Directive on Retributive Transparency must be incorporated into the Spanish legal order by June 7th and will bring about significant changes in the way companies manage their salaries, selection processes and internal promotions. Although Spain already has regulations on equal pay, the new European regulation will take a step further.

Merca2.es

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On June 7th, the deadline for Spain to transpose the Salary Transparency Directive, the rule that will force SMEs to publish how much they pay for each post and to justify any difference in salary. Although the legal obligation lies with the State, the message for companies is crystalline: once the directive becomes national law, opaque pay systems will become a legal and reputational risk. And the business pulse data do not accompany: one in fo…