Equal Pay Analysis: Start with Equal Pay!

Equal Pay is currently an important topic within your HR organization. After all, equal work requires equal pay. That is the law. Yet in practice, things often turn out differently. Key concepts here are gender and equal pay. The gender pay gap indicates the difference between the average salaries of all men and women within your organization. Equal pay, on the other hand, looks at the salary ratio between men and women within the same role and salary scale.

Equal Pay Legislation

Both national and European equal pay legislation is on the way, setting guidelines for transparency and equal pay. As an employer, you can already set yourself apart by adopting a modern compensation policy now, instead of waiting for the legislation to take effect. This gives you an edge over competitors in the labor market and ensures you are well prepared to comply with the new requirements in time.

Equal Pay Tools

Montae & Partners Employee Benefits offers practical tools that clearly map out the pay differences between men and women in your organization and allow you to analyze them. This software tool was developed by Heartpace, Montae & Partners’ Swedish partner, where pay reporting requirements for companies are already more advanced. The equal pay tool is therefore a valuable resource for creating transparency and fairness in your compensation policy.

In the report we prepare for you, we assess the pay of men and women within your company in the following ways: pay within the same role, pay for equivalent roles, and pay of female employees compared to male employees within the same scale. In addition, we show the salary distribution of men and women across scales, highlighting which genders dominate in each. Finally, we provide conclusions and recommendations on the equal pay results that you can act upon.

Further Information

Want to know more? Read our article Unequal pay? Nobody wants that! (dutch)