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Metso Outotec acts upon unexplained gender-related pay gaps during 2022
Pekka Vauramo, President and CEO, Metso Outotec says, “We will be taking corrective actions by addressing the unexplained gender-related pay gaps"
By: Diamond World News Service
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Mar 9 2022 3:03PM
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Reference: 26219  

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“Sustainability is at the core of Metso Outotec, which also covers the well-being and fair treatment of our employees​. We have placed ‘Diversity’ and ‘Inclusion’ high on our agenda and will be taking corrective actions by addressing the unexplained gender-related pay gaps, that have been identified, by the end of 2022,” said Pekka Vauramo, President and CEO, Metso Outotec.

Metso Outotec’s global fair pay analysis investigated various aspects related to pay and initial findings indicated employees’ salary development as typically unbiased. However, the analysis had also identified cases, where unexplained gender-related pay gaps existed.

Aimed at developing the company into a workplace where diversity and inclusion is embedded into the culture, fostered and promoted, one concrete action is ensuring global fair pay practices. For this, Metso Outotec initiated a global fair pay analysis in 2021 with a technical data analysis, followed by a thorough review of the findings. The analysis is ongoing. The study has been conducted together with an external partner who has extensive expertise in the field.

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