Fairness, transparency and trust in employees
The company will upload the data of its employees to the EQUAL-SALARY Foundation’s secured IT platform. All data are pseudonymized before PwC analysis. Salary data of employees will be destroyed after the statistical analysis.
The EQUAL-SALARY statistical regression model is used to identify the pay gap for equal work between men and women. If you want to proceed to step 2, the difference must be ≤ 5% and the regression coefficient ≥ 90%.
The company lists employees who do not meet these criteria to explain the difference and/or prepare a remediation plan.
PwC’s EQUAL-SALARY team carries out an on-site audit and applies international quality management standards in order to assess:
The EQUAL-SALARY Foundation will receive the PwC report from the on-site audit and will subsequently decides on granting the EQUAL-SALARY certificate to the company. This certificate is a clear demonstration of the company's commitment to equal pay for men and women and can be used in all company communications.
EQUAL-SALARY certification is valid for three years. During this period, the certified company undergoes two monitoring visits to demonstrate its ongoing commitment and fulfilment of actions to apply a policy of fair, non-discriminatory treatment for men and women.
The ESG approach and reporting is becoming increasingly important for companies. While the focus remains on environmental issues, social issues are increasingly coming to the fore. EQUAL-SALARY certification guarantees to companies that their remuneration system is verified in accordance with the methodology recognized by the European Commission, which they will also prove in the sustainability report.
EQUAL-SALARY Foundation is an independent non-profit organization based in Switzerland. It was established in 2010 and has so far certified almost one hundred companies worldwide and issued more than 100 EQUAL-SALARY certificates. Although these organizations cover a diverse range of industries, countries and sizes, they have one important thing in common: they all demonstrate their commitment to equal pay for all employees.
In Slovakia, the following companies have obtained the EQUAL-SALARY certificate:
