One of the most critical pieces of legislation related to equity in the workplace in decades is about to go into effect—and companies worldwide need to take note, experts say.

EU-operating organizations have until June 7 to comply with the provisions of the EU Pay Transparency Directive, a comprehensive approach to narrowing the pay gap between men and women in EU-operating organizations, which was adopted about three years ago. Organizations in EU member states will soon need to ensure they can demonstrate that they provide equal pay for equal work, and give applicants easy access to pay information or pay ranges and pay progression criteria, while complying with regular reporting requirements. READ MORE