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

4 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!

Leave a Reply

Your email address will not be published. Required fields are marked *

Last News

Inside Keir Starmer’s Election Night Frenzy

Inside Keir Starmer’s Election Night Frenzy

The media mogul, who was appointed to the House of Lords by Tony Blair at the young age of 34, has played a significant behind-the-scenes role for Labour as a key fundraiser and fixer. Known for his close ties to the party, Lord Alli has been instrumental in boosting Labour’s election finances while also generously offering his personal resources—such as funds and properties—to Keir Starmer and hi

Read More

MEP Ștefan Mușoiu Advocates for Enhanced Passenger Protections

MEP Ștefan Mușoiu Advocates for Enhanced Passenger Protections

Brussels (Eurotoday) – MEP Ștefan Mușoiu demands better protection for airline passengers, addressing abuses like overbooking, price hikes, and accessibility issues.
MEP Ștefan Mușoiu from S&D Group and member of the Romanian Social-Democrat Party demanded explanations during the Tourism and Transport Committee (TRAN) meeting about the monitoring and better safeness of the rights of airline

Read More

EU: Enhancing Transparency in Sustainability Assessments

EU: Enhancing Transparency in Sustainability Assessments

Brussels – Stricter Regulations for Sustainability Ratings in the EU
In a move to enhance investor confidence in sustainable financial products, EU countries have approved new regulations governing sustainability ratings for companies and investment products. These measures, adopted in Brussels, aim to make ESG ratings—short for Environmental, Social, and Governance—more reliable and comparable.

Read More

Putin Confirms Russia’s Launch of New Ballistic Missile at Ukraine

Putin Confirms Russia’s Launch of New Ballistic Missile at Ukraine

The move follows U.S. President Joe Biden’s recent policy shift, greenlighting Kyiv’s use of American-provided long-range missiles to target locations within Russia. This change led Ukraine to deploy U.S.-made Army Tactical Missile Systems (ATACMS) to strike Russia’s Bryansk region on Tuesday. Reports also indicate Ukraine has utilized British Storm Shadow missiles for strikes within Russian

Read More

Maxim Trio, Collins Club Owner from Knokke-Heist, Found Dead in Panama: Community in Mourning

Maxim Trio, Collins Club Owner from Knokke-Heist, Found Dead in Panama: Community in Mourning

Knokke-Heist (Eurotoday): Maxim Trio, manager of Collins Club in Knokke-Heist, was found dead under suspicious circumstances. Friends mourned his loss with a beach memorial, highlighting his impact on the community.
The death of a popular man from Knokke-Heist has left the community in shock. He was well-known for his beach bar, a favorite spot for locals and tourists during the summer. Since th

Read More

Jinnih Beels Shifts from Antwerp Alderman to Provincial Councillor Amid Political Shifts

Jinnih Beels Shifts from Antwerp Alderman to Provincial Councillor Amid Political Shifts

Antwerp (Eurotoday): Jinnih Beels, former alderman for Education in Antwerp, has stepped away from city politics to focus on her new role as a provincial councillor in Kempen after being elected to the federal parliament.
Jinnih Beels, the former alderman for Education in Antwerp, has stepped away from city politics after facing internal party conflicts and chose not to run in the recent municip

Read More

European Committee of the Regions – N. Hardalias: Prioritizing Flood Protection for Major Cities at the European Level

European Committee of the Regions – N. Hardalias: Prioritizing Flood Protection for Major Cities at the European Level

The Governor of Attica, Nikos Hardalias, emphasized the urgent need for a permanent financial support mechanism for European regions to tackle projects that safeguard against natural hazards. This statement was made during his address at the 163rd Plenary Session of the European Committee of the Regions in Brussels.
Mr. Hardalias remarked, “The recent floods in Valencia serve as a powerful

Read More

EU Commission Approves €578 Million Aid Package for Romania

EU Commission Approves €578 Million Aid Package for Romania

Brussels (Eurotoday) – EU Commission approved a €578 million Romanian scheme to reduce electricity levies for energy-intensive firms.

What is the role of green certificates in this scheme?Why did the eu commission approve this €578 million aid?

The European Commission has authorised a €578 million Romanian scheme to lower an electricity levy rate for energy-intensive firms. The levy is planned

Read More

Island Decarbonization Fund: €5 Billion Investment in Interconnections, Renewable Energy Sources, Water Supply, and Lower Electricity Costs

Island Decarbonization Fund: €5 Billion Investment in Interconnections, Renewable Energy Sources, Water Supply, and Lower Electricity Costs

Investments exceeding 5 billion euros are set to be made in renewable energy sources, electricity interconnections, and water supply infrastructure across the islands, alongside reduced electricity bills for consumers due to the gradual easing of Universal Service Obligations. This initiative is part of the newly established Island Decarbonization Fund, an agreement for which was signed in Naxos

Read More

Minor Injuries in E34 Ditch Crash; Seven Accidents Reported Near Sint-Niklaas on E17

Minor Injuries in E34 Ditch Crash; Seven Accidents Reported Near Sint-Niklaas on E17

Sint-Niklaas (Eurotoday): A car with four occupants, including a baby, skidded into a ditch on the E34 highway, resulting in minor injuries. Meanwhile, seven accidents occurred on the E17 due to slippery conditions.
A car with four people, including a baby, skidded off the E34 highway and ended up in a ditch. Everyone escaped with minor injuries and was taken to the hospital as a precaution. No

Read More