EDGE Empower® Pay Tool
Offline gender pay gap analyses
EDGEplus Pay Tool
Offline intersectional pay gap
analyses
Compliance Obligation
Switzerland Revised Equal Pay Act
Switzerland is taking decisive action to close the wage gap with significant revisions to the Equal Pay Act. If you manage a workforce of 100 employees or more, EDGE Empower® can seamlessly simplify compliance with these requirements. Furthermore, it provides credible, world-class third-party certification, offering you an unparalleled competitive advantage.
What you should know
Every four (4) years, employers must conduct an equal pay analysis, using a scientific and legally compliant method, and obtain independent verification from a specially trained body.
If the equal pay analysis indicates that equal pay requirements are being met, the employer concerned is exempted from the obligation to conduct an analysis.
Employers must share the findings with employees and, for companies whose shares are listed on a stock market, shareholders.
18%
Lower earnings for women compared to men on average.
47.8%
Is the percentage of the pay gap that cannot be explained.
34%
Lower retirement provision for women compared to men.
28.7%
Hours a week: the average unpaid workload for women.
Accountability Measures
Ensure auditors complete specialized training. and be aware of risks such as fines and setbacks in public procurement for instances of noncompliance.
For the analysis, you can consider the free standard tool called Logib (Art. 13c
Gender Equality Act, GEA) provided by the federal government, but also discover
other valid methods that are already in use, provided they comply with
Swiss law and are independently validated.
Your Next Steps
Simplify your reporting process: use EDGE Empower® for your pay equity assessments.
Initiate third-party verification: leverage EDGE Empower®’s network of trained and accredited financial auditors for an objective review.
Gain competitive advantage: the EDGE Empower® team specializes in advancing your efforts beyond compliance, positioning you as a leader in the field.
Communicate the results credibly: share the independently certified EDGE results with your employees and shareholders, particularly if your organization is publicly listed.
Navigate the complex compliance landscape with an EDGE today!
Learn how EDGE Empower®, the leading platform for fair, diverse, and inclusive workplaces, can support your organization’s regulatory compliance and help you to become eligible for EDGE Certification® by booking a demo, today.
Why choose EDGE Empower®?
Compliance:
Simplified
EDGE Empower® provides a holistic approach to meet regulatory compliance across pay equity, CSRD, EU Pay Transparency Directive, and other local reporting obligations.
Commitment:
Certified
EDGE Empower® brings data-led clarity to verify where and how workplace diversity, fairness, and inclusion goals are being achieved. EDGE Empower® prepares organizations for the independently verified EDGE Certification®.
Competitive advantage:
Delivered
EDGE Empower® enables organizations to reap the benefits of their investments in a fair and inclusive workplace for all, and become recognized as the organization to work for, to buy from, to do business with, and to invest in.
Compliance:
Simplified
EDGE Empower® provides a holistic approach to meet regulatory compliance across pay equity, CSRD, EU Pay Transparency Directive, and other local reporting obligations.
Commitment:
Certified
EDGE Empower® brings data-led clarity to verify where and how workplace diversity, fairness, and inclusion goals are being achieved. EDGE Empower® prepares organizations for the independently verified EDGE Certification®.
Competitive advantage:
Delivered
EDGE Empower® enables organizations to reap the benefits of their investments in a fair and inclusive workplace for all, and become recognized as the organization to work for, to buy from, to do business with, and to invest in.
Are you ready to comply with Switzerland’s Revised Pay Act?
Choose between our Edge Empower® or our EDGE Empower® with EDGEplus, add a Pay Tool, and ensure fair pay practices today.
