In December 2018, the Swiss parliament amended the Gender Equality Act to require that organizations with more than 100 employees conduct an analysis of gender pay equity. This analysis must be verified by an external third-party and communicated to the organization’s employees.
The law comes into effect on July 1, 2020 and requires that organizations conduct the analysis by June 30, 2021; have it externally verified by an independent body one year after the analysis and at the latest or by June 30, 2022; and communicate the results to employees and shareholders by June 30, 2023.
The law states that companies are free to select a specific method of analysis, provided it is scientific and in accordance with the law.
The EDGE Unexplained Gender Pay Gap Methodology is a quantitative approach to analyzing gender pay equity that isolates the impact of gender on pay for employees with equivalent personal and professional characteristics. The scientific nature and legal compliance of the EDGE Methodology was validated by an external third-party and allows Swiss-based organizations to comply with the law.
Contact us to learn more about the EDGE Unexplained Gender Pay Gap Methodology.
For more information on the legislation, please refer to the Swiss Gender Equality Act.