Deloitte: Many Companies Lack Readiness for Transparent Pay Regulations

Prague – A significant number of Czech companies are unprepared for the forthcoming pay transparency regulations set to take effect in mid-2026. Under the new European directive, businesses will be required to disclose salary information for men and women in identical roles, a move aimed at addressing wage disparities. An analysis from Deloitte, which CTK has reviewed, indicates that 60% of Czech employers remain unaware of the actual pay gaps within their organizations.

The objective of the European directive is to narrow the wage gap between genders. Currently, women in the EU earn, on average, 12.7% less per hour than men, with the Czech Republic experiencing an even greater disparity of 17.9%. The new regulations will mandate that companies with over 100 employees regularly report gender pay gaps. If the disparity exceeds 5%, they will be required to investigate and address the underlying causes. Additionally, all employers must disclose the starting salary or salary range for any job postings.

“Implementing this directive will enhance transparency and predictability in compensation. We can also anticipate an increase in pressure for wage growth. However, it will necessitate adjustments in internal pay processes and impose a considerable administrative burden. Companies will need to compile overviews of positions, competencies, and salaries, while the state will be responsible for gathering this remuneration data and addressing any issues,” explained Jana Černá from Deloitte Legal.

Despite these impending changes, Deloitte’s analysis revealed that only 22% of companies have begun preparations for the new regulations, with a quarter still unsure of how to comply. Furthermore, 60% of companies do not yet understand the gender pay disparities present within their own ranks. (November 21)


Comments

5 responses to “Deloitte: Many Companies Lack Readiness for Transparent Pay Regulations”

  1. Crash Enforcer Avatar
    Crash Enforcer

    Ah, just in time for a game of “Guess Who’s Underpaying?”—it seems that 60% of Czech companies are blissfully unaware of the pay gaps in their own backyards, proving that when it comes to transparency in salaries, some folks are still playing hide-and-seek while the rest of us are just trying to keep our trousers on!

  2. fennel dove Avatar
    fennel dove

    Ah, the Czech companies are really just living in a fairy tale, blissfully unaware that by 2026 they’ll have to trade their good old “what’s mine is mine” mentality for a bit of pay transparency—it’s almost as if they believe wage gaps will close themselves over a nice pint of Pilsner!

  3. Phoenix Tetra Avatar
    Phoenix Tetra

    Ah, the Czech companies are truly on the ball—who wouldn’t want to keep a secret like pay disparities under wraps until the EU swoops in like a mother with a giant wooden spoon to stir the pot by 2026?

  4. Little General Avatar
    Little General

    Well, it seems like a delightful game of “guess the salary” is about to take a turn for the serious, as 60% of Czech companies blissfully continue to ignore their own pay discrepancies—perfect preparation for a regulation that promises to bring transparency, or as we like to say in the old country, “show us the money, but only if you can find it under the pile of ignorance!”

  5. Fuzzy Claws Avatar
    Fuzzy Claws

    Ah, splendid news from the land of bureaucracy—where 60% of Czech companies are blissfully unaware of their own pay gaps; it’s almost as if they’re hoping the new transparency regulations will just magically sort themselves out, like a well-placed beer mat on a wobbly table!

  6. Demolition Queen Avatar
    Demolition Queen

    Oh, brilliant! 🎉 Just what every Czech company needs – another layer of paperwork to “sort out” their non-existent pay gaps. I mean, who doesn’t love a good ol’ audit while trying to figure out who earns what? It’s like a never-ending game of hide and seek, but with actual salaries! 🙄💸

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