Key Achievements in Pay Equity for Canada’s Federally Regulated Employers
The Office of the Pay Equity Commissioner at the Canadian Human Rights Commission has been actively working to promote fair compensation practices among federally regulated employers. Here are some key updates from the past few months:
1.September 3, 2024 Deadline: Employers who became subject to the Pay Equity Act on August 31, 2021 were required to post their first pay equity plan by September 3, 2024. This milestone marks a significant step towards ensuring equal pay for work of equal value for all employees.
2.First Increases in Compensation become payable: As of September 4, 2024, the first increases in compensation became payable for eligible employees. This development is a crucial part of the ongoing efforts to address pay gaps in federal workplaces across Canada.
3.Upcoming Annual Statements: The Office is eagerly anticipating the receipt of the first annual statements from employers in the coming year. These statements will be instrumental in measuring the impact of the new legislation and ensuring compliance among federally regulated employers.
Furthermore, on International Equal Pay Day, Federal Pay Equity Commissioner Lori Straznicky called on Canadian business leaders to acknowledge the significant value for all in closing the wage gap by turning their plans into tangible actions. Read the full statement.
The Office of the Pay Equity Commissioner is committed to continuing the work towards achieving pay equity and looks forward to sharing more updates about Canada’s progress.
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