Stuart Hyland from Blick Rothenberg discusses the EU pay transparency directive and its implications for companies. The directive aims to address the gender pay gap by requiring employers to report on pay disparities and take corrective actions. The regulations cover employers of all sizes and include reporting on base salary, bonuses, variable pay, allowances, and benefits. Non-compliance can result in financial penalties, withdrawal of state-funded incentives, and exclusion from public sector contracts.

Companies are advised to start preparing for the regulations, which will come into effect by June 2027. Sean and Stuart stress the need to justify pay differences based on objective criteria, such as performance and market factors. The compliance process may require significant changes to reward strategies and systems, so early preparation is crucial.

They discuss using analytics and modeling tools to support compliance and ongoing pay equity monitoring. They also discuss the potential future focus on opportunity equity, particularly for women returning from maternity leave. Overall, the conversation highlights the need for proactive measures to ensure fair compensation practices and comply with upcoming regulations.

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Visier helps your business win by adapting to change faster. We give you a Workforce AI Edge: the set of AI-powered capabilities every leader needs to confidently navigate an exponentially more challenging business environment.

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Belinda Roberts, the data and insights leader for the US and Canada for Mercer, discusses the importance of quality data in compensation benchmarking. She emphasizes the need for a robust job architecture and coverage of jobs across the market. She also highlights the value of understanding and participating in industry and local market surveys. Sean and Belinda Roberts discuss the importance of data curation and validation to ensure accurate and reliable data. She also discusses the potential of real-time data, the challenges of implementing it, the hurdles that companies face in obtaining quality data.

About Visier

Visier helps your business win by adapting to change faster. We give you a Workforce AI Edge: the set of AI-powered capabilities every leader needs to confidently navigate an exponentially more challenging business environment.

For more information please visit visier.com

Explore the complex landscape of global mobility, which involves managing international assignments that cover compensation, benefits, and enhancing the employee experience. In this episode, Sean Luitjens and Vicki Marsh discuss how technological advancements are reshaping this field, albeit challenged by stringent legislation and data privacy concerns that inhibit the full integration of AI and other cutting-edge tools. Discover how the focus on employee experience is driving trends towards more flexibility and personalized benefits, aiming to meet the diverse needs of mobile employees.

About Visier

Visier helps your business win by adapting to change faster. We give you a Workforce AI Edge: the set of AI-powered capabilities every leader needs to confidently navigate an exponentially more challenging business environment.

For more information please visit visier.com

In this conversation, Tom Mcmullen, a client partner at Korn Ferry, discusses the topics of pay equity and pay transparency. He explains that pay equity is about creating a level playing field for individuals, while pay transparency is about providing information on salary ranges to applicants and employees.

Tom highlights the importance of reducing pay gaps for gender, race, and other protected groups, and how societal pressure has led to regulatory changes in this area. He also emphasizes the need for organizations to have clear frameworks and policies in place to address pay equity issues and communicate them effectively to employees.

About Visier

Visier helps your business win by adapting to change faster. We give you a Workforce AI Edge: the set of AI-powered capabilities every leader needs to confidently navigate an exponentially more challenging business environment.

For more information please visit visier.com

In this conversation, Tom Mcmullen, a client partner at Korn Ferry, discusses the topics of pay equity and pay transparency. He explains that pay equity is about creating a level playing field for individuals, while pay transparency is about providing information on salary ranges to applicants and employees.

Tom highlights the importance of reducing pay gaps for gender, race, and other protected groups, and how societal pressure has led to regulatory changes in this area. He also emphasizes the need for organizations to have clear frameworks and policies in place to address pay equity issues and communicate them effectively to employees.

About Visier

Visier helps your business win by adapting to change faster. We give you a Workforce AI Edge: the set of AI-powered capabilities every leader needs to confidently navigate an exponentially more challenging business environment.

For more information please visit visier.com

In this conversation, Sean Luitjens interviews Philipp Schuch, the founder of Gradar, a job evaluation and compensation platform. They discuss the importance of job grading and its role in establishing fair and rational pay structures. They also explore the challenges organizations face in implementing job grading, especially in light of new pay transparency legislation in Europe. Philipp emphasizes the need for organizations to empower their HR teams and build professional rewards management practices. They also touch on the potential benefits of job grading for predictive analytics and organizational growth.

About Visier

Visier helps your business win by adapting to change faster. We give you a Workforce AI Edge: the set of AI-powered capabilities every leader needs to confidently navigate an exponentially more challenging business environment.

For more information please visit visier.com

In this episode, Sean and David explore the evolving corporate culture, the impact of remote work, internal and external pay transparency, and predictions for the next 12 to 24 months in the HR tech landscape.

About Visier

Visier helps your business win by adapting to change faster. We give you a Workforce AI Edge: the set of AI-powered capabilities every leader needs to confidently navigate an exponentially more challenging business environment.

For more information please visit visier.com