BMW AG first company in Germany certified as fair pay employer

By CARSIFU | 8 March 2023


MUNICH: BMW AG is the first company in Germany to be awarded top-level certification from the Fair Pay Innovation Lab (FPI).

The document reaffirms that the company’s remuneration structures are fair, with no significant difference between the overall remuneration packages of women and men.

Based in Berlin, the FPI is a globally recognised certification organisation for fair pay.

The award of the Universal Fair Pay Check was announced by the FPI on March 7.

Fair pay and salaries foster inclusion and innovativeness, and motivate employees.

With skilled people in short supply, they make BMW an attractive employer, especially for women.

BMW AG said remuneration is based on group-wide role evaluations, collective pay agreements and, for management-grade employees, salary brackets, but also personal and company performance.

The same level of job, working hours, personal performance and professional experience are subject to equal pay across all BMW AG sites.

BMW AG has set up remuneration processes that ensure equal pay is not just for now but integral to a longer-term system.

The annual equal pay analysis, for example, is based on scientifically recognised analysis methods and allows annual assessments of the remuneration of men and women, fixed and variable elements included.

It identifies the adjusted and non-adjusted gender pay gaps.

In 2022 the non-adjusted pay gap at BMW AG was 1.3% in favour of female employees.

The adjusted gender pay gap, which takes into account structural factors such as salary group and professional experience, amounted to just under 1% in 2022 in favour of males – equivalent to near parity.

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