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💼🤝 Bridging the Gender Pay Gap: Why Pay Transparency Matters In the spirit of International Women’s Day this month, it’s crucial to keep shining a light on the gender pay gap in Europe. Did you know: ⛓️💥 91% of career breaks for childcare are taken by women (vs. 9% by men)? 🧕🏻 75% of all part-time employees are women (vs. 25% men)? 🤷🏽♂️ Men hold 65% of all management positions (vs. 35% for women)? 💥 However, new EU pay transparency legislation aims to make a real difference by: 🟢 Requiring employers to share starting salary or pay range upfront 🟢 Preventing questions about pay history 🟢 Giving employees the right to request average pay levels by gender for similar roles 🟢 Requiring companies with 250+ employees to report on their gender pay gap annually 🟢 By promoting openness and accountability, we can tackle the systemic issues around unequal pay, career breaks, part-time work, and leadership imbalances. I’m a strong supporter of these changes because transparency = empowerment For businesses preparing to navigate these new rules, SkillsTrust led by Michelle Dervan can help ensure your policies are both fair and compliant (yes, for transparency this an Emerge VC portfolio company). Let’s keep building on the momentum of International Women’s Day to close the gap and create a more equitable future for everyone! #InternationalWomensDay #PayTransparency #EqualityMatters #GenderPayGap #Careers #FutureOfWork