Pay transparency is making significant strides in the recruitment domain, spurred by legislation initiatives like the European Parliament’s Pay Transparency Directive. This directive, as well as similar moves in the United States, mandates companies to disclose salary ranges in job ads or before interviews, aiming to bridge the gender pay gap.
This movement towards openness in compensation, is not just about compliance – it’s a step towards creating a fair and equitable job market. As recruiters, HR professionals and hiring managers, the trend is to proactively embrace and champion this change thus enhancing trust among current and potential employees.