The European directive on pay transparency – to be transposed by 2026 at the latest – will generate administrative constraints for companies. That said, it can also become a strategic tool in the fight against pay inequalities, which can boost employee retention. This is the gamble taken by industrial group Lacroix, which has been using the Figures digital solution since 2023.
Nearly a year after starting its work on this topic, Lacroix is only at the beginning when it comes to pay transparency. The company, which describes itself as a family-run intermediate-sized enterprise (5,000 employees, 70% of whom work abroad), is an industrial subcontractor in the electronics sector, and offers solutions for the environment, public lighting and water management. This initiative is in anticipation of the European directive that will have to be transposed in all member states
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Article authors
Antoine Piel
Section Head at Mind HR