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 DE&I 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 DE&I software solution, 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® offers you a holistic approach to meet DE&I compliance obligations, including pay equity, CSRD, and ESG commitments.
Commitment:
Certified
EDGE Empower® gives you a data led clarity to verify where and how your DE&I goals are being achieved, and a smooth, effective and efficient, approach to make progress.
EDGE Empower® prepares you for the independently verified EDGE Certification®.
Competitive advantage:
Delivered
A strong DE&I strategy is more than just an ethical imperative; it’s a competitive advantage. Transformed by EDGE Empower and given verified visibility by EDGE Certification, your organisation becomes recognized as the one to work for, buy from, and invest in.
Compliance:
Simplified
EDGE Empower® offers you a holistic approach to meet DE&I compliance obligations, including pay equity, CSRD, and ESG commitments.
Commitment:
Certified
EDGE Empower® gives you a data led clarity to verify where and how your DE&I goals are being achieved, and a smooth, effective and efficient, approach to make progress.
EDGE Empower® prepares you for the independently verified EDGE Certification®.
Competitive advantage:
Delivered
A strong DE&I strategy is more than just an ethical imperative; it’s a competitive advantage. Transformed by EDGE Empower and given verified visibility by EDGE Certification, your organisation becomes recognized as the one to work for, buy from, and 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.
