Most employers still unprepared for pay transparency, report finds

By region, North American employers reported the highest level of readiness, with 25% saying they’re prepared for pay transparency in the workplace.

On the other hand, the Asia-Pacific region reported the highest level of unpreparedness, with 48% saying they’re not ready for it.

Lisa Stevens, chief administrative officer at Aon, said their findings indicate a “concerning lack of progress” when it comes to pay transparency.

“Pay transparency is no longer a buzzword. It’s a baseline expectation from employees and a regulatory imperative across an increasing number of jurisdictions,” Stevens said in a statement.