More than 60 million U.S. workers are now covered by pay transparency laws across 12 states, with another dozen state laws set to take effect later this year. Simultaneously, the European Union (EU) Pay Transparency Directive is driving pay transparency pressure for organizations inside and outside of Europe. (The latter directive applies not only to employers headquartered in the EU but also those with any employees there, with reporting required for businesses with 100 or more payrolled workers.)

With that as the setup, consider that only 19% of organizations surveyed globally consider themselves ready for pay transparency, according to recent data from professional services firm AonOpen in a new tab. READ MORE