Are you Prepared for Pay Transparency?

Three key steps to a pay transparency strategy

The passing of the Workplace Gender Equality Amendment (Closing the Gender Pay Gap) Bill in March 2023 marks a crucial turning point in the way organisations communicate about pay and remuneration.

To successfully navigate this significant change, organisations must employ a well-coordinated and strategic approach that encompasses engagement, planning, and execution. This will not only help mitigate potential risks but also unlock opportunities to enhance an organisation's brand and reputation while addressing the pay gap effectively.

This essential whitepaper covers everything HR professionals need to know about the new pay disclosure regulations, the potential risks and impacts involved, and how to create a plan for success. The whitepaper offers three steps that HR professionals can work through to create a pay transparency strategy from engagement to planning and execution.

Wondering what’s next? Use our self-assessment tool to check your organisation’s readiness for pay transparency here.

For further clarification on any of the new regulations or how your organisation can develop a robust plan for new pay transparency requirements in 2024, please contact the team at Aon here.