Vevey / Berlin 13 February 2023 – The EQUAL-SALARY Foundation is pleased to announce that Lautsprecher Teufel Gmbh has obtained the EQUAL-SALARY certification, a symbol of excellence in terms of equal pay and equal opportunity, for all employees of Lautsprecher Teufel in Germany. After successfully passing the statistical analysis of its salaries, Lautsprecher Teufel underwent an internal audit entrusted to PwC proving that it applied equal pay 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.
“The EQUAL-SALARY Foundation is pleased to welcome Lautsprecher Teufel to its family of certified companies. Teufel is the first manufacturer of audio products to obtain the EQUAL-SALARY certification. This achievement proves Lautsprecher Teufel’s strong commitment to equal pay and equal opportunity for all its employees, setting a new standard of good governance within the German audio industry”, commented Noémie Storbeck co-CEO of the EQUAL-SALARY Foundation.
“For many years, we have been living diversity and inclusion within the company. We have now successfully met the requirements of the EQUAL-SALARY Foundation and have been certified. We are delighted about this new milestone confirming our culture of pay equity and the equal treatment between men and women as a priority”, added Sascha Mallah, CEO of Lautsprecher Teufel.