The Bermuda Government’s recent policy proposal to introduce pay transparency legislation marks an important development for employers across the island.
While the proposal is still at the consultation stage, it gives a clear indication that employers will soon be required to adopt a more proactive approach to achieving pay equity in the workplace. Employers are therefore advised to begin considering how such measures could affect their pay practices, recruitment processes and internal governance.
Why are pay transparency laws on the agenda in Bermuda?
The Government's proposal is stated to be aimed at reducing wage gaps linked to gender, race and ethnicity by ensuring greater openness around how pay is determined.