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PwC Slovakia Introduces Its New Equal Pay Certification Service

The Equal Pay Certification service allows companies to obtain an internationally recognized certification in remuneration from the Swiss Equal Salary Foundation, and PwC is the only company with exclusive rights to provide it.
The certification confirms the commitment to the implementation of a salary policy that respects gender equality by providing equal pay for the same job, and jobs of the same value to their female and male employees.

 

“We are proud to announce that PwC Slovakia now offers a new Equal Salary Certification (ESC) service. By obtaining ESC, the companies demonstrate their commitment to a fair wage policy between women and men. It shows the company’s respect towards its employees and it strengthens the company’s position on the job market as a more attractive and responsible employer. In addition, ESC also improves companies’ financial performance thanks to the incorporation of a more inclusive and diversified workforce and optimization of recruitment costs and retention risks.
Equal Salary Certification is more than just a step towards fairness and equality in the workplace in terms of remuneration. It also provides fair career-progression opportunities; it strengthens trust with internal and external stakeholders; it enhances the employer’s brand and reduces legal risks. It provides a path towards equality in all aspects of work/life, a world that we all ought to be aiming for.”

Ľudmila Guerin, PwC’s Leader of Peopole & Organization


Equal-Salary LABEL
 


Demonstrates commitment to a fair and non-discriminatory wage policy

Demonstrates delivery of the same career opportunities for women and men

 


Leads to a more inclusive and diverse workforce

Gives a competitive HR advantage 

 


Can be used in all of the company’s internal and external communication
 
 

- Our People & Organization team headed by Ľudmila Guerin is responsible for the Equal Salary Certification process in Slovakia

- Congratulations to Philip Morris Slovakia s.r.o. It is the first company in Slovakia which underwent the PwC Equal Pay audit and received an Equal Salary Certification
 

Wages of Slovak companies according to the study PayWell 2018

 

According to Eurostat 2016 data, the gender pay gap in Slovakia is 19%, the sixth largest in the EU

 

According to data from the Slovak Ministry of Labour, the pay gap between women and men shrank to 18% in 2018

 

 

The social movement towards equal pay has been gaining increasing support from CEOs and upper management globally
 

According to the global PwC study, ‘Seeing is believing’:


 

Additional Information about Equal Pay 

Equal Salary Certification (ESC) can be either country-specific or global. The advantages of country-specific certification are that it can be used as pilot for ESC for that particular company. It is simpler in terms of project management, resource requirements and decision-making process and in the event of non-compliant results; the implementation of corrective actions is easier.

Global certification is more suitable for multinationals that want to demonstrate their non-discriminatory wage policy worldwide, as it is a more cost-efficient solution compared to individual country-specific certification thanks to the lower overall global coordination and local costs.

ESC is valid for three years and during this period, two monitoring audits take place. Certified companies have to demonstrate their ongoing commitment to a fair and non-discriminatory salary policy between men and women. ESC uses the regression method for data analysis of employee data such as age, years of service, education, experience, which reveals whether there is pay discrimination at the company.

More about PwC Equal-Salary Certification:

https://www.pwc.ch/en/services/people-organisation/equal-salary-certification.html

https://www.pwc.com/gx/en/industries/financial-services/publications/clearing-barriers-women-progress-financial-services.html

https://www.equalsalary.org/

About PwC

At PwC, our goal is to build trust in society and solve important problems. We are a network of firms in 155 countries with more than 284,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at: www.pwc.com/sk.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. See: www.pwc.com/structure for further details.

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