beqom helps you comply with France's Gender Equality Act, effective March 1, 2019, and offers easy-to-identify corrective actions to improve your bottom line.
*for 1,000 or more employees
beqom helps you identify where to focus to improve your score. Find the departments, units, teams, or individuals that are creating a gender pay imbalance to take corrective action.
Index score deadline for companies with more than 1,000 employees
Index score deadline for companies with more than 250 employees
Scores must be calculated annually. When ratings fall below 75, companies must take corrective action to reduce pay inequalities.
Companies with more than 250 employees that have not achieved a score of at least 75 will be subject to financial penalties up to 1% of their payroll.
The 5 indicators of the gender equality index for business are automatically calculated by beqom.
The Equal Pay Index is one of the measures put in place following France's adoption of the law on the freedom to choose one's professional future of September 5, 2018.
Companies must achieve a 0% wage gap between women and men at comparable jobs and ages. For now, at post and equal age, women are paid 9% less than men in France.
To get full points, a company must increase as many men as women, to 2% or close to 2 people.
The maximum score is awarded to the company if it promotes as many women as men, to 2% or close to 2 people.
If pay increases were granted during the woman's leave, her salary must be increased on her return. On average, a mother of three children earns 10% less than a woman without children on the same job.
This score aims to ensure a balanced representation of women and men in management positions.
When the annual score falls below 75, companies will have to implement actions to reduce wage inequality.
beqom streamlines this process by highlighting in your dashboard the corrective actions to take to improve your score.
If the annual score is less than 75, companies will have several areas for improvement that will be automatically highlighted in the beqom dashboard:
Identify the departments, units, teams, or individuals that are causing the gender pay imbalance.
The beqom dashboard warns you if you do not respect it.
beqom identifies errors and offers corrective actions.
The results of our customers in the United Kingdom
A study by beqom reveals that age, race, and gender can affect the compensation of US employees. According to the beqom Compensation and Culture Report, nearly half (48%) of American workers believe that men are better paid than women in their business.
Tanya Jansen, CMO of beqom, told Fast Company how predictive analytics can eliminate unconscious bias about pay and allow for pay equity.
Yves Steinhauser, CFO of beqom, spoke with TLNT.com about the importance of providing transparency and pay justice within the company. The article explains how, thanks to new technologies, companies can improve transparency and equal pay by guaranteeing salaries linked to employee performance and based on discriminating factors such as age, race, and gender.