Archives: News
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Understanding the Significance of Pay Equity and Navigating Compliance in 2023
What is Pay Equity and Why is it Important? Pay equity refers to the principle that employees should receive equal pay for work of equal value, irrespective of their gender or any other dimensions of diversity. The importance of pay equity cannot be overstated, as it serves as a powerful concept and tool to rectify…
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The European Bank for Reconstruction and Development attains EDGE Move Recertification and EDGEplus Certification
The European Bank for Reconstruction and Development (EBRD) is recertified at the EDGE Move level, recognizing its strong and continued commitment towards workplace gender equity. EDGE Move Certification is a clear indication that the EBRD has not only made a commitment to gender equity but has taken concrete steps to transform that commitment into action.…
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New EU Pay Transparency Directive
In 2021, the unadjusted gender pay gap in Europe was 14%, according to Eurostat. It has stubbornly remained roughly the same for decades. PwC estimates it will take another fifty years to reach gender pay parity in Europe and the OECD, so that a woman in her twenties entering the workforce now will not experience pay…
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Climbing the Mountain of Swiss Gender Equity Pay Regulation
In Europe, mandated reporting and other compliance requirements have helped to put DE&I on the priority list for organizations. There are varying levels of progress across the continent, but in general, there is a strong desire for forward movement in closing the gender pay gap. Most use the mean or median distribution of men’s and…