Navigating Salary Transparency in Pharma: Insights from Our Madrid Roundtable

Page Executive Spain recently hosted an insightful breakfast session at our Madrid office, bringing together senior leaders from the pharmaceutical sector to explore the practical implications of Spain’s new Salary Transparency Law.

Organised by María Cerezo, Associate Partner at Page Executive Spain, the roundtable featured expert contributions from Luis Carlos Moya, Partner in Compensation & Benefits at Deloitte Legal. Luis Carlos Moya provided strategic guidance on how organisations can proactively adapt to the regulation, turning compliance into an opportunity for positive organisational transformation.

Throughout the session, participants examined the key dimensions of the new legislation and how it will shape compensation strategies across the industry. The discussion focused on:

• Strategic approaches to regulatory compliance
• Designing effective pay bands and compensation frameworks
• Mitigating legal, reputational and organisational risks
• Identifying and addressing real-world pay discrepancies
• Communicating transparency internally and externally

Thank you to all participants for contributing to a rich, forward-looking dialogue. At Page Executive, we remain committed to creating spaces for reflection and exchange on the topics that are reshaping leadership and organisational excellence across Europe.