Remuneration and equal pay
We remunerate our employees fairly and in line with market conditions and also ensure equal pay between the sexes. The salary system is structured in such a way that equal salaries are paid for equivalent tasks and services. We adjust employees’ salaries in our annual salary review. Employees who have received a better rating in the performance evaluation and whose wages are at the lower end of their respective salary bands receive an above-average wage increase.
We also periodically review the salary structure for differences between men’s and women’s wages using the federal government’s equal pay tool (Logib). Previous reviews (most recently in 2021) have revealed minor pay discrepancies that are below the 5% tolerance threshold set by the Federal Office for Gender Equality.
In accordance with the new requirements under the Gender Equality Act, the equal pay analysis was carried out and audited in 2021 for all Swiss Group companies with more than 100 employees. The formal review of the equal pay analyses required by law was carried out by PWC. Swisscom Ltd issued an unqualified audit opinion, concluding that there were no indications the analysis did not comply with the legal requirements in all respects.