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EQUAL SALARY

PMI OBTAINS THE GLOBAL EQUAL-SALARY RECERTIFICATION

May 12, 2022

Vevey, May 12, 2022 – The EQUAL-SALARY Foundation is pleased to announce that Philip Morris International (PMI) has obtained the global EQUAL-SALARY certification, a symbol of excellence in terms of equal pay, for the second time in a row. After successfully passing the statistical analysis of its salaries in all its subsidiaries, PMI underwent an internal audit entrusted to PwC proving that it applied equal pay for women and men globally.

In 2019, PMI became the first organization to obtain the global EQUAL-SALARY certification covering all its employees worldwide. The EQUAL-SALARY certification is valid for 3 years, during which, the company undergoes two monitoring audits. After 3 years, the organization needs to renew the certification process with a new salary analysis and a full on-site audit.

« In today’s global economy, best practices are setting the bar for excellence. A major international company getting EQUAL-SALARY globally recertified is a historical moment, not only for its more than 89’000 employees, but also for the cause of gender equality all over the world. The energy and commitment of Philip Morris International to equal pay and EQUAL-SALARY’s principles is a strong demonstration of the company’s willingness to stick to continuous improvement. We are proud of this great achievement! », commented Noémie Storbeck, co-CEO of the EQUAL-SALARY Foundation.

« In 2019, PMI became the first multinational company to achieve global EQUAL-SALARY certification. Three years later, we have recertified – demonstrating that we still hold ourselves to this standard and will continue to do so. I want to thank our colleagues around the world for all the continued hard work put in to achieve this. I firmly believe that creating a workplace of fairness, inclusion, and diversity is crucial to PMI’s progress in achieving a smoke-free future – and equal pay is a fundamental part of that », added Jacek Olczak, CEO at Philip Morris International.

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