Economics

Swiss Enact Gender Pay Gap Reporting Requirement for Companies

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Swiss companies will be required to look into whether they pay men and women equitably, an issue that led to a country-wide day of protest earlier this year.

The law obliges companies with more than 100 employees to prepare an independently vetted report examining pay by mid 2021 and share the results of the analysis with staff. Firms will have to repeat the exercise every four years unless they find no evidence of an unexplained wage differential, the government said on Wednesday.