Compliance

Remuneration Audit

A detailed analysis of pay data for companies with 50+ employees to identify and address adjusted gender pay gaps.

Definition

A remuneration audit is a mandatory, detailed analysis of pay data required for companies with 50 or more employees. Its primary objective is to identify and address adjusted gender pay gaps, ensuring that the company's remuneration system effectively applies the principle of equal pay for work of equal value. The audit involves a thorough examination of all pay components and must incorporate an objective job evaluation system to assess the value of different job roles based on non-discriminatory criteria. The findings of the remuneration audit are a crucial part of the diagnosis report within the company's equality plan.