In this month's First Tuesday Q&A, Bernard Martin, Senior Associate in A&L Goodbody's Employment Practice Group, provides an overview of the Pay Transparency Directive and what it means for employers.

Along with the Work Life Balance Directive and the Gender Balance on Boards Directive, the new Pay Transparency Directive aims to address the root causes of the gender pay gap and economic empowerment of women. The Directive will come into force on 7 June 2023, giving Member states three years to implement new rules to fulfil its requirements.

What are the requirements of the new Directive?

Key requirements include:

• Gender pay gap reporting
• Joint pay assessment
• Work of equal value