Is Your Company Ready for Salary Transparency

1

Do you believe salary transparency can help reduce the gender pay gap?Insight: Transparency reduced the gender pay gap by 7% in Denmark over five years. In Sweden, the gap is just 10%, one of the lowest in Europe.

Yes

No

2

Are you familiar with Directive (EU) 2023/970 and its requirements?💡 Insight: The directive mandates companies to disclose salary data and conduct audits, with non-compliance leading to potential penalties.

Yes

No

3

Do you publish salary ranges in your job postings?💡 Insight: Companies that include salary ranges see 70% more applications and a 66% increase in candidate quality.

Yes

No

4

Have you conducted a gender pay audit in the past two years?💡 Insight: Regular audits help identify and address pay gaps, building employee trust and improving company reputation.

Yes

No

5

Do you explain to employees how their salaries are determined?💡 Insight: Volvo improved employee satisfaction by 25% and reduced turnover by 12% after adopting salary transparency practices.

Yes

No

6

Do your employees feel comfortable discussing their salaries?💡 Insight: Open salary discussions increase trust and reduce conflicts, fostering a more collaborative workplace culture.

Yes

No

7

Have your HR and managers been trained in salary transparency practices?💡 Insight: Training managers helped Finnish companies reduce the gender pay gap by 8% over two years.

Yes

No

8

Are you prepared to adjust salaries if transparency reveals significant discrepancies?💡 Insight: Companies that proactively address pay discrepancies build stronger trust with employees and enhance their employer brand.

Yes

No

9

Do you understand how salary transparency could impact retention and recruitment?💡 Insight: Transparency reduces employee turnover by 10–15% and improves overall satisfaction.

Yes

No

10

Does your company have the resources to implement salary transparency?💡 Insight: Successful implementation requires trained HR professionals, clear processes, and robust IT systems.

Yes

No

11

Your Result:Click 'Submit' to see your company's readiness score and find out how well you align with modern workplace transparency standards.