Switzerland: Gender equity: Deadline for informing employees and shareholders about the results of the first pay equity analysis fast approaching

On July 1, 2020, a revision of the Swiss Gender Equality Act (GlG) came into force. According to the newly applicable provisions, employers with 100 or more employees are required to conduct an in-house pay equity analysis every four years and have it reviewed by an independent body. The law provides for several deadlines for implementation.

The first pay equity analysis was required to be developed by June 30, 2021, and reviewed by an independent body by June 30, 2022. Now, by June 30, 2023, at the latest, employees and, in the case of listed companies, shareholders must be informed of the results of the analysis. The results include the reference month, the number of employees included in the analysis, the pay differentials and the gender pay gap.