The complete solution for pay transparency and regulatory compliance.
Prepare for European Directive 970/2023 obligations
GAP IQ is the ideal solution for companies looking to implement pay transparency obligations, analyse the gender pay gap, and minimise legal risks with a customised action plan.
The challenge for companies of all sizes
The European Directive 970/2023 on Pay Transparency introduces stringent obligations that directly impact the pay policies of companies with more than 250 employees.
These are the regulation requirements:
- Total transparency: Access for all employees to transparent information regarding pay systems, and economic and career progression possibilities.
- Detailed reporting: Companies must produce reports analysing their gender pay gap, median salaries, bonuses and pay variables.
- Robust justification: Any discrepancies of more than 5% must be explained and documented with robust justification.
Addressing these requirements is not just a matter of compliance, but a crucial challenge for protecting an organisation’s reputation and future.
Why choose Gap IQ?
GAP IQ is unique:
- It guides companies step by step in implementing transparency obligations, analysing and reporting pay data, ensuring full compliance with Directive 970/2023 without adding complexity to internal processes.
- A team of experts supports companies and HR managers with a customised action plan.
How does Gap IQ work?
Gap IQ is a service that combines advanced technology, dedicated legal consultancy, and a strategic approach to simplifying compliance management.
- Legal advice on transparency obligations
- Data analysis and collection
- Reports
- Customised action plan