PAY-TRANSPARENCY, Article 3, EU

1. For the purposes of this Directive, the following definitions apply:

(a)

‘pay’ means the ordinary basic or minimum wage or salary and any other consideration, whether in cash or in kind, which a worker receives directly or indirectly (complementary or variable components) in respect of his or her employment from his or her employer;

(b)

‘pay level’ means gross annual pay and the corresponding gross hourly pay;

(c)

‘gender pay gap’ means the difference in average pay levels between female and male workers of an employer expressed as a percentage of the average pay level of male workers;

(d)

‘median pay level’ means the pay level at which half of the workers of an employer earn more and half of them earn less;

(e)

‘median gender pay gap’ means the difference between the median pay level of female and median pay level of male workers of an employer expressed as a percentage of the median pay level of male workers;

(f)

‘quartile pay band’ means each of four equal groups of workers into which they are divided according to their pay levels, from the lowest to the highest;

(g)

Official source

Version: 327dde10311cf15d

SHA-256: sha256:327dde10311cf15ded18f2630791eb64918ceb43e76c7510d9cb050dad13c090

Geographical article agents

Source: NovaCopilot