Seventy-five percent of u.s. employers are unprepared for pay transparency laws, aon reports

New regulations in the u.s., canada and europe require companies to be more transparent about their pay practices chicago , dec. 5, 2024 /prnewswire/ --  aon plc (nyse: aon), a leading global professional services firm, today released results from its 2024 north america pay transparency readiness study, revealing that 75% of employers are not ready for pay transparency laws, which are currently or will be in effect in 14 u.s. states and four provinces in canada by the end of 2025 and in all eu countries by the end of 2026. pay transparency laws aim to close the gender wage gap, and the study highlights the challenges in reaching that goal.
AON Ratings Summary
AON Quant Ranking