Transparent payments are coming: companies are pressed for time
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Starting next summer, domestic companies will also have to transparently ensure that their employees receive equal pay for work of equal or similar value. According to a national survey, the majority of employers are not yet prepared for the change that will fundamentally determine organizational culture, while employees are afraid that their salaries will become public. PwC Hungary and Profession.hu are now launching a joint program to eliminate misconceptions about pay transparency and ensure a smooth transition.
The EU the Pay Transparency Directive gives member states until mid-2026 to develop the appropriate regulatory framework for the for the sake of wage transparency. From now on, companies will have to have a transparent wage structure based on objective, gender-neutral criteria, which will allow the value of the work performed to be comparable and employees to receive their remuneration accordingly.
The Profession.hu, Hungary’s leading recruitment and labor market solutions platform, and PwC Hungary, an internationally leading group of companies in the fields of business and tax consulting and auditing, have launched a joint program to support companies in understanding and implementing the expectations of wage transparency in a practical way. The parties will not only conduct research, but also publish understandable, practical materials that will help companies prepare and contribute to dispelling misconceptions and misunderstandings related to the topic. They also organize professional events where they share their experiences and create opportunities for open dialogue.
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