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Navigating EU CSRD and Pay Equality

Trusaic

Rules relating to this directive will begin applying in 2025 for financial year 2024 for large organizations, through 2029 for financial year 2028 for smaller businesses. Measures such as enhanced pay data reporting, public posting of pay ranges in job listings, and salary history bans are increasingly passing in US legislation.

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France’s Path Toward Shrinking Gender Pay Gap Under EU Directive

Trusaic

In response to the EU Pay Transparency Directive, which requires employers operating in European Union member states to report on pay data, Trusaic will be evaluating the state of each country in the EU’s current gender pay gaps and the path toward compliance. The first large organizations will need to submit pay data reports by June 6, 2027.

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ESG Developments: The Impact of CSRD on Pay Equity

Trusaic

The burden of proof in cases of alleged pay discrimination is on the employer. If pay discrimination is proven, employees are entitled to compensation including full recovery of back pay and bonuses. Foreign companies not listed in the EU but subject to other criteria have until 2029 to make disclosures.