The revision of the Wage Equality Act has had a variety of effects for many companies. KPMG can help you identify the opportunities it presents.
Equal pay analysis: KPMG shows you the possibilities.
The revision of the law in the area of equal pay has a wide range of implications for companies. KPMG advises you on the opportunities that arise for you.
As of July 1, 2020, companies with 100 or more employees must conduct an equal pay analysis within one year. The analysis must then be audited by an external auditor within the one-year period ending June 30, 2022. Finally, employees must be informed of the results in writing by law - listed companies must publish the results in the notes to the annual financial statements.
Steps to achieve equal pay
The law requires that companies' equal pay analyses be reviewed by an external, independent body. KPMG is your competent partner for this. Furthermore, KPMG will also be happy to support you in preparing the analysis or to carry out an Equal Pay certification. In short: KPMG accompanies you all the way in the area of equal pay.
KPMG services at a glance
KPMG as a long-standing expert in the area of equal pay
In recent years, KPMG has had the privilege of assisting companies of various sizes and from a wide range of industries on the subject of equal pay. We are happy to offer you an initial non-binding discussion to determine the appropriate approach for your company. KPMG has a broad network of multilingual experts who are part of the national network of specialists.