Equal pay

A baseline standard for equality

At PMI we see equal pay for equal work between women and men as the baseline standard for equality and we've confirmed that our actual pay practices match our good intentions with the Global EQUAL-SALARY Certification. This certification by the independent EQUAL-SALARY Foundation is an important building block on the road to creating a more inclusive gender-balanced workplace.

The EQUAL-SALARY Foundation 
is an independent, non-profit based in Switzerland. The EQUAL-SALARY Certification verifies that organizations have sustainable policies and practices to ensure that they pay their male and female employees equally for equal work.

Global EQUAL-SALARY Certification
Gender pay equality cannot be taken for granted. PMI is leading by example and taking concrete steps to verify its equal pay practices by obtaining the Global EQUAL-SALARY Certification by an external third party. We want to foster trust among our employees and future talent by creating a workplace founded on fairness, inclusion and diversity – essential ingredients for our business transformation.
  • Melissa Whiting, Vice President Inclusion & Diversity, PMI

A rigorous, third-party validation on equal pay

EQUAL-SALARY Certification includes more than simple comparison of salary data to ensure we pay men and women equally for equal work - it's a process that includes multiple steps:

Step 1 Salary Analysis

Step 2 HQ visit

Step 3 On-site audits

Step 4 Global Certification

Step 5 Monitoring Audits

PMI submits its Compensation Data, i.e. all the relevant data which might impact the determination of salaries for female and male employees, and Compensation Documents, i.e. policies and other documents which relate to the Compensation Data in each country.  

PwC, the Foundation's entrusted auditor, conducts a series of interviews at PMI to gather information about:

a. senior leadership commitment to the EQUAL-SALARY principles

b. PMI's global People & Culture (P&C) management and strategy

c. the resources, processes and indicators in place to drive fair remuneration across the globe

On-site audits take place in PMI affiliates around the world to evaluate:

a. management's commitment to equal remuneration between men and women

b. the integration of EQUAL-SALARY principles in all P&C processes and policies

c. employee perceptions of gender equality in the organization

After fulfilling these steps PMI will receive Global EQUAL-SALARY Certification and may communicate about this achievement both internally and externally.

Further audits take place two and three years after the certification to:

a. confirm PMI's ongoing commitment to a fair, non-discriminatory wage practice between men and women

b. demonstrate continual improvement in applying the EQUAL-SALARY principles

c. validate any actions identified through the on-site assurance work

By its global character, the certification of Philip Morris International is a major step for pay equality between women and men. That a leading Fortune 500 company makes such a commitment is a strong signal. We are proud of the international scale that PMI’s global certification gives to our cause.
  • Véronique Goy Veenhuys, Founder and CEO, EQUAL-SALARY Foundation

Hear what various Managing Directors from PMI affiliates around the world are saying about our global EQUAL-SALARY certification

Video March 07, 2019

Global EQUAL-SALARY Certification

Equal pay in practice

What about the gender gap?

While Global EQUAL-SALARY Certification doesn’t directly address the gender leadership gap at PMI, the qualitative audit is helping us uncover potential barriers which may hinder equal opportunities for women to advance. That process has generated more conversations and focused management’s attention on the need to improve the gender balance at PMI. And this is just the beginning.

Read more about our Inclusion & Diversity work.