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A beqom Success StoryConsumer Goods

PUMA Success Story

Published June 27, 2025.
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Puma's journey to gender neutral pay

A global leader in sportswear, PUMA operates in more than 120 countries with over 22,000 employees. The company has made pay equity a strategic priority—anchoring its “People First” values in measurable action. With a focus on fairness and transparency, PUMA has transformed how compensation is defined, analyzed, and communicated globally.

PUMA’s journey has led to real results: near-zero gender pay gaps, formal recognition from Fair Pay Innovation Lab (FPI), and certifications across 10 entities. In 2022, PUMA was named Company of the Year at the German Diversity Awards, and in 2024 was recognized as a Global Top Employer.

It is one of our strategic priorities to ensure that we pay a fair compensation without discrimination. We are very proud that our efforts to offer our employees a gender-neutral remuneration policy have been recognized by FPI Fair Pay Innovation Lab.

Dietmar Knoess, Global Director People & Organization, PUMA

9bln

Annual revenue ($)

22000

Employees

120+

Countries of operation

10Entities

Fair pay certifications

Challenge

Creating pay equity across a diverse global workforce

Maintaining compensation fairness across decentralized markets with varying labor laws and cultural norms was a major challenge for PUMA. Employees increasingly sought clarity around how pay decisions were made, and regulatory momentum—such as the EU Pay Transparency Directive—made inaction a business risk.

To stay ahead, PUMA needed to unify compensation data, establish consistent frameworks, and ensure equal pay for equal work—regardless of gender, geography, or personal circumstances like parental leave or sabbaticals. 

At PUMA, 'People First' is more than just a slogan. We recognize the team and people as fundamental pillars of our strategy. For us, equality and equity are essential components of our journey.

Steve Planas, PUMA Managing Director Southern Europe

Solution

Building a foundation for transparency and trust

PUMA turned to PayAnalytics by beqom in January 2023, seeking an enterprise-grade solution that could support ongoing audits, align with regulatory frameworks, and provide real-time reporting. Integrated with Workday, the platform allowed for centralized compensation analysis across regions.

Within weeks, the platform was analyzing pay data for over 19,000 employees. PUMA emphasized internal equity over external benchmarks, conducting regression analyses by job family and level to identify gaps. Independent experts from FPI validated the methodology and confirmed alignment with global standards.

Certifications followed swiftly. Within two months, PUMA became just the second company in Germany to receive the Universal Fair Pay Check. Additional certifications were earned in Sweden, Spain, and the Middle East—affirming a repeatable and global approach.

“PayAnalytics accelerated our pay equity journey at Puma. We went from demo in 2022 to our first pay equity certification in just few months,” said Gulya Bakeberg, Senior Director People & Organization EMEA. “The functionality of the software is user-friendly and yet very instrumental for analysis and decision making.

PUMA evaluates every position in a gender-neutral way, focusing on the characteristics of the job and not on those of individual employees. This helps avoid pay gaps!

PUMA CatchUp Employee Magazine, March 7, 2023

Benefits

Closing pay gaps—and keeping them closed

With PayAnalytics by beqom, PUMA institutionalized pay equity as part of its operating model—ensuring fairness is no longer an annual campaign, but a continuous capability.

  • Closed gender pay gaps to within +/-1% across 10 entities.
  • Certified as a “Universal Fair Pay Developer” by FPI in Germany, Spain, Sweden, and the Middle East.
  • Standardized compensation framework rolled out across 22+ countries.
  • Increased transparency and trust by applying clear, consistent pay criteria—even for those on parental leave or sabbaticals.
  • Improved gender diversity in leadership, with 43% of leadership roles held by women.
  • Future-proofed compliance for the EU Pay Transparency Directive and similar frameworks.
  • Streamlined data analysis by integrating PayAnalytics and Workday—saving time and improving accuracy.

PUMA’s achievement is a blueprint for what’s possible when values meet technology. By celebrating fairness, the company strengthened its culture, brand, and bottom line—proving that equity is not just good ethics, but smart business.

The PayAnalytics software helped us to shape the path towards our pay equity goals, and now we have achieved fair pay in multiple locations.

Gulya Bakeberg, Senior Director People & Organization EMEA

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