The certification was granted by the Swiss-based Equal Salary Foundation and entailed an eight month long study by the international audit firm, PwC, using a methodology recognised by the European Commission.
Ferrari is the first Italian company to receive this certification. The certification process included a detailed statistical analysis of compensation levels which revealed that the Prancing Horse is one of Europe’s companies successfully eliminating the gender pay gap.
In addition, a survey of Ferrari’s management and human resources development policies was carried out. Employees were asked to complete anonymous surveys and participate in one to one interviews and focus groups to discuss their perception of the company’s culture and commitment to inclusion and diversity.
Women play an increasingly prominent role within Ferrari. From 2016 to 2019, its female employees increased from 11.5% to 14% of the 4,285-strong workforce.
Women have gradually taken on more responsibility and positions of increasing importance within the company over this time.