Vevey / Bellinzona, July 23, 2024 – The EQUAL-SALARY Foundation is pleased to announce that Banca dello Stato del Cantone Ticino has obtained the EQUAL-SALARY certification for the second time, a symbol of excellence in terms of equal pay, for all employees of Banca dello Stato del Cantone Ticino in Switzerland. After successfully passing the statistical analysis of its salaries, Banca dello Stato del Cantone Ticino underwent an internal audit entrusted to PwC proving that it applied equal pay and equal opportunities for women and men.
The EQUAL-SALARY certification is valid for 3 years, during which, the company undergoes two monitoring audits. After 3 years, if the organization wants to keep its label, it needs to renew the certification process with a new salary analysis and a full on-site audit.
“Congratulations to Banca dello Stato del Cantone Ticino for renewing its commitment to equal pay with its second EQUAL-SALARY certification. Once again, BancaStato has undergone a rigorous audit of its salaries, recruitment, training, promotion, and evaluation practices, and met all our certification criteria. This success allows it to attest to equal pay and equal opportunities for all its employees and ensures a fair company culture. With this distinction, BancaStato is well-prepared to tackle future environmental, social, and governance challenges, establishing itself as a long-term leader in equality and corporate responsibility. An example to follow!” commented Noémie Storbeck co-CEO of the EQUAL-SALARY Foundation.
“We are especially proud of having successfully navigated the steps necessary to achieve the EQUAL-SALARY recertification. Analyses conducted by experts have reconfirmed that there are no gender disparities in pay policies, conditions, and professional opportunities. The goal sought by BancaStato was precisely to externally and independently attest to the equal treatment of female employees. We are proud of the achievement and can assure that we will continue to put great effort into maintaining and further promoting a respectful, balanced and opportunity-rich work environment. Only then can we rely on a cohesive, motivated team capable of tackling the many challenges facing the banking sector with determination”, added Fabrizio Cieslakiewicz, President of BancaStato.
