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Nicola Harkin

๐Ÿ‘ค Speaker
131 total appearances

Appearances Over Time

Podcast Appearances

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Now, I think if organisations get that level of certainty, that would certainly help them manage the cost of preparing for it because it would give them the time and space to do it right without having to invest huge amounts of money in consultants and exercises and all of that in order to prepare for it.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

But that's not to say that there won't be a cost.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

I think there will be a cost to employers in preparing for this directive and getting the processes and evaluations in place.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

But it'll probably vary across companies depending on their size, depending on their sector, but also depending on the...

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

diversity of roles within the organisation.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

An organisation with a lot of the same roles, it will be a little bit easier for them to prepare for this directive than an organisation that has a big diversity of roles within their business.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

I would be hopeful that we will get sight of a draft legislation, certainly in Q3.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

I think that'll absolutely be necessary.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

As I say, in our view, it's very difficult to see how any of the provisions that go beyond the pre-employment elements of the directive could come into place.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

any time before June 2027.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Because this EGA toolkit I mentioned, which is the only toolkit we have seen around job evaluations, even that acknowledged that this job evaluation process that employers need to undergo takes about six months.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

And that's before we've even seen the national toolkit.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

So even the toolkits that have been produced at an EU level recognises the time that this takes.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

So it's very difficult for us to see how the rules could be brought in before at least June 2027.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

It's not enough to be given the time.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Employers need to know that they'll have the time.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

Because if everybody is rushing to an unknown deadline, the directive isn't going to be effective long term.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

We need the certainty as to the timing of this in order for the directive to be a success, I think.

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

I think it'll certainly, this directive is a very useful diagnostic tool and I think it will certainly address issues

Inside Business with Ciaran Hancock
Will new pay transparency rules close the gender pay gap for good?

equal pay for equal work.