Canadian Pay Transparency Laws and Compliance

This episode provides a comprehensive overview of the increasing adoption of pay transparency laws and compliance requirements across Canada at both the federal and provincial levels, starting with the 2021 Pay Equity Act. It explains that pay transparency is a strategic advantage for organizations, going beyond mere legal necessity by fostering employee trust, improving retention, and attracting new talent, especially since many applicants avoid job postings that lack compensation details. The text outlines specific provincial requirements and timelines for pay disclosure and reporting in jurisdictions like British Columbia, Prince Edward Island, Ontario, and Quebec. Furthermore, the article addresses various barriers organizations face when implementing these new practices, such as disrupting existing pay structures or experiencing talent poaching, and suggests initial steps for effective implementation, including conducting regular pay equity audits.