The 10 Must-Read Articles for Talent Professionals This Week
In the battle for pay equity, there’s some good news coming out of the European Union: A new law will mandate that companies take action to eliminate the discrepancy between what men and women earn for doing the same work.
In a recent blog post for The Josh Bersin Company, senior vice president of research Kathi Enderes calls the new law “groundbreaking” and highlights why this legislation could be a game changer. Here are some key components to the new law:
Employers are prohibited from asking candidates about their salary history Companies must be transparent about pay levels and the criteria for promotions and career progression If a pay gap exists, employers must consistently report what that gap is and, if it exceeds 5%, they must show how they’re working to reduce it with actionable steps
“We’ve been talking with clients and this is a big deal,” Kathi writes. “While the law is good news for employees (and, yes, the directive also covers transgender and nonbinary people), employers are worried about how they will comply. And this is for good reason: Our recent study showed that 95% of organizations struggle with pay equity practices.”
To learn more about how companies can do the good work of complying with this law (and others being ratified in the United States, Australia, and Canada), be sure to check out the top spot in our list below of must-read articles for talent professionals. And further down our list, you can also find out why A/B testing may be a key component of successful DEI initiatives; why benefit listings are disappearing from many job posts; and which country has the youngest retirement age.
Here are the must-read articles from this week:
1. New Regulations Will Force Companies to Address Pay Equity (Josh Bersin)
2. Why You Should Start A/B Testing Your DEI Initiatives (Harvard Business Review)
3. How Happy Are You at Work? The Answer May Have to Do More with Your Age, Survey Shows (USA Today)
4. March 2023 U.S. Labor Market Update: Benefits Advertising in Job Postings Is Leveling Off (Hiring Lab)
5. How the Tech Squeeze Is Affecting Silicon Valley’s Famous Office Perks (Quartz)
6. ChatGPT Requires Even Stronger HR Professionals (Spotify HR Blog)
7. Charted: The Remote-Work Gap (Axios)
8. Did You Know That the Digital Skills Gap Is Costing Australian Businesses $3.1 Billion Annually? (Women in Tech)
9. 5 Myths About Employee Retention (LinkedIn Talent Blog)
10. The Countries Where People Retire the Youngest (Quartz)
Here is the must-listen podcast:
Interviewer Best Practices with Mark Simpson of Pillar (The RecruitingDaily Podcast with William Tincup)
