The official report on the readiness of the companies that participated in the survey for the implementation of Directive (EU) 2023/970 is now available. Conducted by HRS Bulgaria, the study reveals key trends and challenges facing the market:
- The Implementation Gap: While 53% of companies believe they will meet the deadline, only 6% have actually finalized the update of their internal pay rules and job descriptions.
- Information Deficit: Only 27% of managers feel fully confident in their understanding of the specific requirements of the new regulation.
- Cultural Shift: More than half of the respondents anticipate team tension, highlighting the critical need for early communication and objective compensation criteria.
The Pay Transparency Directive is more than just a regulatory update; it is a fundamental shift in how we define and communicate the value of work. The full report offers an in-depth analysis and practical recommendations for HR professionals and business leaders.
Download the full report here: https://bit.ly/4ctSzvf
This survey was conducted by the “Research & Consultancy” Team at HRS Bulgaria.