Covered Employer

A 'covered employer' under the South Korea Employment Equality Wage Disclosure System 2026 refers to any entity, whether in the private sector or a public institution, that ordinarily employs 300 or more individuals. This threshold significantly expands the scope of mandatory gender pay gap reporting compared to previous regulations, which often applied to larger companies or those subject to specific affirmative action measures. The definition includes all employees on the payroll, regardless of their full-time, part-time, or contract status, ensuring broad applicability. Covered employers are legally obligated to comply with all reporting, data collection, and potential audit requirements stipulated by the Act, with non-compliance leading to administrative fines and other enforcement actions.

Under the NYC Pay Data Reporting Law, a 'Covered Employer' is defined as a private employer that employs more than 200 full-time, part-time, and temporary employees within New York City. Employers falling under this definition are legally obligated to comply with the annual pay data reporting requirements. This threshold ensures that the law focuses on larger entities with a significant presence in the city's labor market.